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  1. Deals Analysis
May 25, 2022

Asia-Pacific’s power industry saw a drop of 13.89% in deal activity during April 2022

By Carmen

Asia-Pacific’s power industry saw a drop of 13.89% in deal activity during April 2022, when compared with the last 12-month average, led by Shell Overseas Investments’ $1.55bn acquisition of Solenergi Power, according to GlobalData’s deals database.

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A total of 31 power industry deals worth $3.8bn were announced for the region in April 2022, against the 12-month average of 36 deals.

Of all the deal types, M&A saw most activity in April 2022 with 15 transactions, representing a 48.4% share for the region.

In second place was venture financing with 13 deals, followed by private equity deals with three transactions, respectively capturing a 41.9% and 9.7% 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 $2.39bn, while private equity and venture financing deals totalled $1.03bn and $338.29m, respectively.

Asia-Pacific power industry deals in April 2022: Top deals

The top five power deals accounted for 89.3% of the overall value during April 2022.

The combined value of the top five power deals stood at $3.35bn, against the overall value of $3.8bn recorded for the month.

The top five power industry deals of April 2022 tracked by GlobalData were:

1) Shell Overseas Investments $1.55bn acquisition deal with Solenergi Power

2) The $525m private equity of Tata Power Renewable Energy by BlackRock Real Assets and Mubadala Investment

3) Impala,Mirova and Omnes Capital $490.03m private equity deal with TagEnergy

4) The $415.41m acquisition of Philippine Geothermal ProductionInc by SM Investments

5) Jiangsu Expressway $371.7m acquisition deal with Jiangsu Yunshan Green Energy Investment HoldingLimited

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.

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