Asia-Pacific’s power industry saw a rise of 14.81% in deal activity during September 2021, when compared with the last 12-month average, led by Brookfield Asset Management’s $11.08bn private equity deal with AusNet Services, 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 31 power industry deals worth $25.6bn were announced for the region in September 2021, against the 12-month average of 27 deals.
Of all the deal types, M&A saw most activity in September 2021 with 15 transactions, representing a 48.4% 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.
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 GlobalDataIn second place was venture financing with 12 deals, followed by private equity deals with four transactions, respectively capturing a 38.7% and 12.9% 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 $14.09bn, while private equity and venture financing deals totalled $11.16bn and $386.18m, respectively.
Asia-Pacific power industry deals in September 2021: Top deals
The top five power deals accounted for 93.8% of the overall value during September 2021.
The combined value of the top five power deals stood at $24.06bn, against the overall value of $25.6bn recorded for the month.
The top five power industry deals of September 2021 tracked by GlobalData were:
1) Brookfield Asset Management $11.08bn private equity deal with AusNet Services
2) The $11.08bn acquisition of AusNet Services by APA Group
3) JERAInc $1.58bn acquisition deal for 27% stake in Aboitiz Power
4) The $232.2m venture financing of Beijing Aodong New Energy Investment by Enze fund,Guangzhou Finance Holdings Group and Guangzhou GET Investment Holdings
5) Korea Development Bank $84m venture financing deal with Shinheung