Led by $1.98bn acquisition of 20% stake in Adani Green Energy, Asia-Pacific’s power industry saw a rise of 8.16% in deal activity during Q1 2021, when compared to the last four-quarter average, 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 116 deals worth $7.31bn were announced for the region during Q1 2021, against the last four-quarter average of 107.25 deals.
Of all the deal types, M&A saw most activity in Q1 2021 with 93 deals, representing an 80.2% 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 21 deals, followed by private equity deals with two transactions, respectively capturing an 18.1% and 1.7% share of the overall deal activity for the quarter.
In terms of value of deals, M&A was the leading category in Asia-Pacific’s power industry with $6.38bn, while venture financing and private equity deals totalled $822.84m and $108.27m, respectively.
Asia-Pacific power industry deals in Q1 2021: Top deals
The top five power deals accounted for a 55.7% share of the overall value during Q1 2021.
The combined value of the top five deals stood at $4.07bn, against the overall value of $7.31bn recorded for the quarter.
The top five power industry deals of Q1 2021 tracked by GlobalData were:
1) Total’s $1.98bn acquisition of 20% stake in Adani Green Energy
2) The $635.01m acquisition of NER-II Transmission by India Grid Trust
3) Suez (Asia)’s $537.94m acquisition of 42% stake in SUEZ NWS
4) The $463.38m acquisition deal with Essel by Adani Transmission
5) PMR Group Retirement Plan’s asset transaction with AC Energy for $453m.