Europe’s power industry saw a rise of 10.00% in cross border deal activity during February 2021, when compared with the last 12-month average, led by Transmashholding and Wartsila’s $194.25m acquisition of Bergen Engines, 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 33 power industry cross border deals worth $611.06m were announced for the region in February 2021, against the 12-month average of 30 deals.

Of all the deal types, M&A saw most activity in February 2021 with 31 transactions, representing a 93.9% 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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was private equity with one deals, followed by venture financing deals with one transactions, respectively capturing a 3.03% and 3.03% share of the overall cross border deal activity for the month.

In terms of value of cross border deals, M&A was the leading category in Europe’s power industry with $550.87m, while private equity and venture financing deals totalled $48.16m and $12.03m, respectively.

Europe power industry cross border deals in February 2021: Top deals

The top five power cross border deals accounted for 97.4% of the overall value during February 2021.

The combined value of the top five power cross border deals stood at $595.19m, against the overall value of $611.06m recorded for the month.

The top five power industry cross border deals of February 2021 tracked by GlobalData were:

1) Transmashholding and Wartsila’s $194.25m acquisition of Bergen Engines

2) The $177.41m asset transaction deal with PGE Polska Grupa Energetyczna by Orsted

3) Polski Koncern Naftowy Orlen’s $102.66m asset transaction with SCR, Santander Energias Renovables I, SCR and Taiga Inversiones Eolicas

4) The $72.72m asset transaction with ABO Wind by Greencoat Renewables

5) Nofar Energy and Noy Infrastructure & Energy Investment Fund’s private equity deal with Sunprime General for $48.16m.