Europe’s power industry saw a rise of 20.97% in deal activity during March 2021, when compared with the last 12-month average, led by National Grid’s $10.85bn acquisition of Western Power Distribution, according to GlobalData’s deals database.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 75 power industry deals worth $17.89bn were announced for the region in March 2021, against the 12-month average of 62 deals.
Of all the deal types, M&A saw most activity in March 2021 with 61 transactions, representing an 81.3% share for the region.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn second place was venture financing with nine deals, followed by private equity deals with five transactions, respectively capturing a 12% and 6.7% share of the overall deal activity for the month.
In terms of value of deals, M&A was the leading category in Europe’s power industry with $14.47bn, while private equity and venture financing deals totalled $3.3bn and $111.97m, respectively.
Europe power industry deals in March 2021: Top deals
The top five power deals accounted for 97.1% of the overall value during March 2021.
The combined value of the top five power deals stood at $17.37bn, against the overall value of $17.89bn recorded for the month.
The top five power industry deals of March 2021 tracked by GlobalData were:
1) National Grid’s $10.85bn acquisition of Western Power Distribution
2) The $3.24bn private equity deal with Aggreko by Albion Acquisitions
3) CK Asset Holdings’ $2.19bn acquisition of Dutch Enviro Energy Holdings, Northumbrian Water, UK Power Networks and Wales & West Utilities
4) The $956.33m asset transaction with Fortum by Partners Group
5) Teforto Holdings’ asset transaction with for $144.96m.
