Asia-Pacific’s power industry saw a drop of 10.53% in deal activity during April 2021, when compared with the last 12-month average, led by Worldone Private’s $402.5m acquisition of Jindal Power, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.


A total of 34 power industry deals worth $1.5bn were announced for the region in April 2021, against the 12-month average of 38 deals.

Of all the deal types, M&A saw most activity in April 2021 with 26 transactions, representing a 76.5% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was venture financing with eight deals capturing a 23.5% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Asia-Pacific’s power industry with $1.32bn, followed by venture financing deals totalled $176.07m.

Asia-Pacific power industry deals in April 2021: Top deals

The top five power deals accounted for 74.1% of the overall value during April 2021.

The combined value of the top five power deals stood at $1.11bn, against the overall value of $1.5bn recorded for the month.

The top five power industry deals of April 2021 tracked by GlobalData were:

1) Worldone Private’s $402.5m acquisition of 96.42% stake in Jindal Power

2) The $260.77m acquisition deal for 55.5% stake with Signet EV by SK

3) Three Gorges Asset Management’s $190.59m asset transaction with Suzhou GCL New Energy Investment and Xian GCL New Energy Management

4) The $154.14m venture financing of Luting Power by Lanyuan Capital

5) Guangdong Jinyuan New Energy and State Power Investment Corp Guizhou Jinyuan’s asset transaction with Guizhou GCL New Energy and Suzhou GCL New Energy Investment for $102.02m.