Share

UK power industry saw a rise of 78.57% in overall 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

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • 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 25 deals worth $14.34bn were announced in March 2021, compared with the 12-month average of 14 deals.

M&A was the leading category in the month in terms of volume with 20 deals, which accounted for 80% of all deals.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was private equity with three deals, followed by venture financing with two transactions, respectively accounting for 12% and 8% of overall deal activity in the UK technology industry during the month.

In terms of value of deals, M&A was the leading deal category in the UK power industry with total deals worth $11.1bn, while private equity and venture financing deals totalled $3.24bn and $4.49m respectively.

UK power industry deals in March 2021: Top deals

The top five power industry deals accounted for 99.9% of the overall value during March 2021.

The combined value of the top five power deals stood at $14.32bn, against the overall value of $14.34bn 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) Downing Renewables & Infrastructure Trust’s $133.03m asset transaction with

4) The $89.52m asset transaction deal with Lightsource BP Renewable Energy Investments by NextEnergy Solar Fund

5) Hill & Smith’s acquisition of Prolectric Services for $17.44m.