Total power industry cross border deals worth $3.9bn were announced globally for March 2022, with the $1.28bn private equity deal for 47% stake in Reden Solar being the sector’s biggest investment, according to GlobalData’s deals database.
Go deeper with GlobalData
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 68.4% over the previous month of $2.31bn and a drop of 45.8% when compared with the last 12-month average of $7.17bn.
In terms of number of cross border deals, the sector saw a drop of 15.22% with 39 deals in March 2022 when compared to the last 12-month average of 46 deals.
In value terms, Europe led the activity with cross border deals worth $2.88bn in March 2022.
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 GlobalDatapower industry cross border deals in March 2022: Top deals
The top five cross border deals accounted for 83.7% of the overall value during March 2022.
The combined value of the top five cross border deals stood at $3.26bn, against the overall value of $3.9bn recorded for the month.
The top five power industry cross border deals of March 2022 tracked by GlobalData were:
1) British Columbia Investment Management,Macquarie Asset Management Holding and MEAG Munich Ergo AssetManagement $1.28bn private equity deal for 47% stake in Reden Solar
2) The $1.14bn private equity of 50% stake in Fortum Oslo Varme by Hafslund Eco,HitecVision and Infranode
3) Green Era $440m acquisition deal for 33.33% stake in Star Energy Group Holdings Pte.
4) The $240.38m private equity of Entropy by Brookfield Global Transition Fund I
5) Apollo Global Management,Fisker,Hedosophia,Landis+Gyr Group and Meridiam Infrastructure Finance SAr.l $150m venture financing deal with Allego
