Transactions

Peabody Energy Corp

Prairie State Energy Campus

Sale of 5.06% Ownership Interest in the Prairie State Energy Campus to:

Wabash Valley Power

Peabody Energy sold 5.06% of the Prairie State Energy Campus to the Wabash Valley Power Association for $57 million.

Marathon Capital acted as exclusive financial advisor to Peabody Energy Corporation.

The definitive agreement was entered into following a competitive bidding process launched in the fourth quarter of 2015 as part of the company's emphasis on portfolio optimization and sale of non-core assets.

Prairie State Energy Campus is a 1,600 MW coal-fueled electricity generation plant and adjacent, captive coal mine in Washington, St. Clair and Randolph counties in Illinois, which commenced operations in 2012. It is one of the cleanest and most efficient coal-fueled plants in the U.S.

Marathon's Role

M&A - Sell Side

Client Countries

USA

Counter Party Countries

USA

When

May 2016