In the US power industry, there were 100 M&A deals announced in Q2 2023, worth a total value of $8.2bn, according to GlobalData’s Deals Database. The $2.8bn acquisition of duke energy by brookfield renewable partners 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 The US decreased by 50% in Q2 2023 compared with the previous quarter’s total of $16.5bn and rose by 90% as compared to Q2 2022. Related deal volume increased by 1% in Q2 2023 versus the previous quarter and was 8% higher than in Q2 2022.
The top-ranked legal advisorss supporting these M&A deals in The US Q2 2023 were Kirkland & Ellis; Sidley Austin; Latham & Watkins with 10, 5, 4 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes, buy the report here.