Total power industry M&A deals worth $3.76bn were announced in North America in February 2021, led by IFM Investors and Ontario Teachers’ Pension Plan’s $2.19bn asset transaction with Brookfield Infrastructure Partners, according to GlobalData’s deals database.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
The value marked an increase of 62.8% over the previous month of $2.31bn and a drop of 0.3% when compared with the last 12-month average of $3.77bn.
North America held a 61.94% share of the global power industry M&A deal value that totalled $6.07bn in February 2021. With a 48.76% share and deals worth $2.96bn, Canada was the top country in North America’s M&A deal value across power industry.
In terms of M&A deal activity, North America recorded 38 deals during February 2021, marking a decrease of 22.45% over the previous month and a rise of 11.76% over the 12-month average. The US recorded 29 deals during the month.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataNorth America power industry M&A deals in February 2021: Top deals
The top five power industry M&A deals accounted for 99.4% of the overall value during February 2021.
The combined value of the top five power deals stood at $3.74bn, against the overall value of $3.76bn recorded for the month.
The top five power industry M&A deals of February 2021 tracked by GlobalData were:
1) IFM Investors and Ontario Teachers’ Pension Plan’s $2.19bn asset transaction with Brookfield Infrastructure Partners
2) The $760m asset transaction with NRG Energy by ArcLight Capital Partners
3) Drax Group’s $651.25m acquisition of Pinnacle Renewable Energy
4) The $118.51m asset transaction with Wolverine Energy and Infrastructure by Blackheath Resources
5) ECOFINRENEWABLES INFRASTRUCTURE TRUST PLC’s asset transaction to acquire SEED ASSET for $24.5m.
