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.
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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 Buyouts and Direct Investments done by Private Equity firms.
