North America’s power industry saw a rise of 50.00% in deal activity during January 2021, when compared with the last 12-month average, led by GIC’s $2.05bn acquisition of Duke Energy Indiana, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all
  • 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 power industry deals worth $7.33bn were announced for the region in January 2021, against the 12-month average of 54 deals.

Of all the deal types, M&A saw most activity in January 2021 with 42 transactions, representing a 51.9% 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 venture financing with 22 deals, followed by private equity deals with 17 transactions, respectively capturing a 27.2% and 21% share of the overall deal activity for the month.

In terms of value of deals, private equity was the leading category in North America’s power industry with $4.2bn, while M&A and venture financing deals totalled $2.3bn and $828.75m, respectively.

North America power industry deals in January 2021: Top deals

The top five power deals accounted for 77.6% of the overall value during January 2021.

The combined value of the top five power deals stood at $5.68bn, against the overall value of $7.33bn recorded for the month.

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

1) GIC’s $2.05bn private equity deal with Duke Energy Indiana

2) The $1.6bn merger deal with ArcLight Clean Transition and Proterra

3) I Squared Capital’s $961m private equity deal with Atlantic Power

4) The $590m venture financing of Sila Nanotechnologies by 8VC , Bessemer Venture Partners, Canada Pension Plan Investment Board, Coatue Management, Sutter Hill Ventures and T Rowe Price Associates

5) CarVal Investors and Generate Capital’s private equity deal with Intersect Power for $482m.