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.