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  1. Deals Analysis
February 18, 2021

Europe’s power industry saw a drop of 5.17% in deal activity during January 2021

By Baghmar P

Europe’s power industry saw a drop of 5.17% in deal activity during January 2021, when compared with the last 12-month average, led by Aker Horizons’ $814.88m acquisition of Mainstream Renewable Power, according to GlobalData’s deals database.

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A total of 55 power industry deals worth $1.45bn were announced for the region in January 2021, against the 12-month average of 58 deals.

Of all the deal types, M&A saw most activity in January 2021 with 48 transactions, representing an 87.3% share for the region.

In second place was venture financing with four deals, followed by private equity deals with three transactions, respectively capturing a 7.3% and 5.5% share of the overall deal activity for the month.

In terms of value of deals, M&A was the leading category in Europe’s power industry with $1.34bn, while venture financing and private equity deals totalled $102.29m and $9.2m, respectively.

Europe power industry deals in January 2021: Top deals

The top five power deals accounted for 96.8% of the overall value during January 2021.

The combined value of the top five power deals stood at $1.4bn, against the overall value of $1.45bn recorded for the month.

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

1) Aker Horizons’ $814.88m acquisition of Mainstream Renewable Power

2) The $301.68m asset transaction deal with OX2 by Renewable Power Capital

3) Bluefield Solar Income Fund’s $120.88m asset transaction for acquisition of Bradenstoke Solar Park in Wiltshire, UK

4) The $96.58m venture financing of HysetCo by Eiffel Investment Group, Mirova, Raise Ventures and RGreen Invest

5) Confecciones Mayoral’s acquisition of Audax Renovables for $68.2m.

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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