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  1. Deals Analysis
August 17, 2022

Power industry cross border deals total $3.3bn globally in July 2022

By Carmen

Total Power industry cross border deals worth $3.3bn were announced globally for July 2022, with the $894m private equity deal with Midland Cogeneration VenturePartnership being the sector’s biggest investment, according to GlobalData’s deals database.

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The value marked a decrease of 80.6% over the previous month of $16.93bn and a drop of 62.1% when compared with the last 12-month average of $8.69bn.

In terms of number of cross border deals, the sector saw a drop of 6.12% with 46 deals in July 2022 when compared to the last 12-month average of 49 deals.

In value terms, North America led the activity with cross border deals worth $1.69bn in July 2022.

Power industry cross border deals in July 2022: Top deals

The top five cross border deals accounted for 78.9% of the overall value during July 2022.

The combined value of the top five cross border deals stood at $2.6bn, against the overall value of $3.3bn recorded for the month.

The top five Power industry cross border deals of July 2022 tracked by GlobalData were:

1) Capital Power and Manulife Infrastructure Fund II $894m private equity deal with Midland Cogeneration VenturePartnership

2) The $702.93m acquisition of Ostwind Engineering,Ostwind Erneuerbare Energien,Ostwind International and Ostwindpark Rotmainquelle GmbHKG by Orsted

3) Partners Group $500m private equity deal with Budderfly

4) The $250m venture financing of Blu-Smart Mobility by BP Ventures

5) D.C.),Chevron,Google,Reimagined Ventures,Sumitomoof Americas (Washington and TIFF Investment Management $250m venture financing deal with TAE Technologies

Related Companies

Verdict deals analysis methodology

This analysis considers only announced and completed cross border 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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