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  1. Deals Analysis
November 30, 2021

Europe’s power industry saw a drop of 31.58% in deal activity during October 2021

By Baghmar P

Europe’s power industry saw a drop of 31.58% in deal activity during October 2021, when compared with the last 12-month average, led by Macquarie Infrastructure Partners V’s $2.44bn acquisition of HEDNO, according to GlobalData’s deals database.

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A total of 26 power industry deals worth $6.5bn were announced for the region in October 2021, against the 12-month average of 38 deals.

Of all the deal types, M&A saw most activity in October 2021 with 15 transactions, representing a 57.7% share for the region.

In second place was private equity with six deals, followed by venture financing deals with five transactions, respectively capturing a 23.1% and 19.2% share of the overall deal activity for the month.

In terms of value of deals, private equity was the leading category in Europe’s power industry with $4.24bn, while M&A and venture financing deals totalled $2.2bn and $27.61m, respectively.

Europe power industry deals in October 2021: Top deals

The top five power deals accounted for 95.9% of the overall value during October 2021.

The combined value of the top five power deals stood at $6.2bn, against the overall value of $6.5bn recorded for the month.

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

1) Macquarie Infrastructure Partners V $2.44bn private equity deal with HEDNO

2) The $1.8bn private equity of 60% stake in Falck Renewables by The Infrastructure Investments Fund

3) Reliance Industries $771m acquisition deal with REC Solar Holdings

4) The $727.5m acquisition of Ignis Energy Holdings by Vortex Energy Group

5) Selath Holdings $459.39m acquisition deal with Public Power Corporation

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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