Analysis of the key themes driving M&A activity reveals that environmental sustainability accounted for 288 power deals announced in Q3 2022, worth a total value of $18.1bn, according to GlobalData’s Deals Database. The $1.7bn acquisition of Hitachi Energy by Hitachi was the industry’s largest disclosed deal.

In value terms, environmental sustainability-related deal activity increased by 3% in Q3 2022 compared with the previous quarter’s total of $17.5bn and rose by 710% as compared to Q3 2021. Related deal volume increased by 22% in Q3 2022 versus the previous quarter and was 1152% higher than in Q3 2021.







                     
   




Top 5 M&A deals related to environmental sustainability in the power industry since 2021
Target Acquirer Deal Value ($M) Deal Date
Suez Veolia Environnement $23,134M Feb-21
Hydroelectric Projects China Yangtze Power $12,011M Dec-21
Siemens Gamesa Renewable Energy Siemens Energy $4,263M May-22
Adani Green Energy TotalEnergies $2,500M Jan-21
Hitachi Energy Hitachi $1,679M Sep-22
Source: GlobalData Deals Database

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.