Analysis of the key themes driving private equity deal activity reveals that environmental sustainability accounted for 52 power deals announced in Q1 2023, worth a total value of $3.2bn. The $1bn acquisition of EDP Renovaveis by GIC was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals by Top Themes report provides an overview of the global M&A activity in the power sector and analyzes the disruptive themes driving these deals. Buy the report here.
In value terms, environmental sustainability-related deal activity decreased by 59% in Q1 2023 compared with the previous quarter’s total of $7.8bn and fell by 31% as compared to Q1 2022. Related deal volume decreased by 28% in Q1 2023 versus the previous quarter and was 550% higher than in Q1 2022.
The top-ranked financial advisors supporting these private equity deals in Q1 2023 were KeyCorp; Rothschild & Co; Deutsche Bank with 2, 2, 1 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Q1 2023 were Kirkland & Ellis; Clifford Chance; CMS Legal Services EEIG with 4, 2, 2 deals respectively.
To further understand GlobalData's analysis on Power Industry Mergers and Acquisitions Deals by Top Themes in Q3 2022 - Thematic Intelligence, buy the report here.