Led by $6.14bn acquisition of ContourGlobal, Europe’s power industry saw a rise of 17.39% in cross border deal activity during Q2 2022, 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 81 cross border deals worth $17.4bn were announced for the region during Q2 2022, against the last four-quarter average of 69 deals.

Of all the deal types, M&A saw most activity in Q2 2022 with 36 deals, representing a 44.4% share for the region.

In second place was private equity with 27 deals, followed by venture financing deals with 18 transactions, respectively capturing a 33.3% and 22.2% share of the overall cross border deal activity for the quarter.

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

In terms of value of cross border deals, M&A was the leading category in Europe’s power industry with $11.12bn, while private equity and venture financing deals totalled $5.24bn and $1.07bn, respectively.

Europe power industry cross border deals in Q2 2022: Top deals

The top five power cross border deals accounted for an 83.2% share of the overall value during Q2 2022.

The combined value of the top five cross border deals stood at $14.5bn, against the overall value of $17.4bn recorded for the quarter.

1) Cretaceous Bidco $6.14bn acquisition deal with ContourGlobal

2) The $4.26bn acquisition of 32.9% stake in Siemens Gamesa Renewable Energy by Siemens Energy

3) KKRInc $2.48bn private equity deal with Albioma

4) The $969.18m private equity of 25% stake in Repsol Renovables SLU by Credit Agricole Assurances and Energy Infrastructure Partners

5) European Investment Bank $652.6m private equity deal with Enel