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Trusted by
Acquiring Company
Appalachian Power
Acquired Company
Black Diamond Power
Description
The Public Service Commission is encouraging Appalachian Power and Black Diamond Power to engage in discussions about a potential purchase. The discussions are prompted by Black Diamond's financial issues and significant unpaid debts to Appalachian Power. A timeline for due diligence and asset purchase agreements is expected within the next ten days. Black Diamond's management has shown interest in the possibility of selling the company.
Fundz sees it the moment Appalachian Power makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Black Diamond Power?
Black Diamond Power was acquired by Appalachian Power, based in Columbus. The deal was reported on September 21, 2026. Appalachian Power is a utility company that generates and distributes electricity. It serves customers in West Virginia and Virginia. Appalachian Power is publicly traded (AEP) and operates in Manufacturing.
When did Appalachian Power acquire Black Diamond Power?
Appalachian Power's acquisition of Black Diamond Power was reported on September 21, 2026. The Public Service Commission is encouraging Appalachian Power and Black Diamond Power to engage in discussions about a potential purchase. The discussions are prompted by Black Diamond's financial issues and significant unpaid debts to Appalachian Power. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Black Diamond Power do?
Black Diamond Power is a utility company that serves thousands of customers in its region. The company has faced issues related to customer complaints about utility rates and service reliability. It is privately held, operating in Energy, and is based in United States.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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