In the Australian power industry, there were 13 M&A deals announced in Q2 2023, worth a total value of $150.9m, according to GlobalData’s Deals Database. The $129.8m minority acquisition of moorabool south wind farm and moorabool wind farm by mns wind finance was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes, the M&A activity and most notable deals are included in GlobalData’s Power Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.

In value terms, M&A activity in Australia decreased by 96% in Q2 2023 compared with the previous quarter’s total of $3.7bn and rose by 142% as compared to Q2 2022. Related deal volume decreased by 35% in Q2 2023 versus the previous quarter and was 46% lower than in Q2 2022.

The top-ranked financial advisors supporting these M&A deals in Australia in Q2 2023 were Capcora; Guggenheim Partners; Lazard with 1, 1, 1 deals respectively.

The top-ranked legal advisorss supporting these M&A deals in Australia Q2 2023 were Herbert Smith Freehills; Gilbert and Tobin; Hogan Lovells International with 2, 1, 1 deals respectively.

For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.

This content was updated on 18 July 2023

Premium Insights


The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.


GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.