Receive our newsletter – data, insights and analysis delivered to you
  1. Deals Analysis
February 17, 2021

Power industry cross border M&A deals total $1.14bn in Europe in January 2021

By Baghmar P

Total power industry cross border M&A deals worth $1.14bn were announced in Europe in January 2021, led by Aker Horizons’ $814.88m acquisition of Mainstream Renewable Power, 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.

The value marked a decrease of 76% over the previous month of $4.74bn and a drop of 27.9% when compared with the last 12-month average of $1.58bn.

Europe held a 33.73% share of the global power industry cross border M&A deal value that totalled $3.38bn in January 2021. With a 24.11% share and deals worth $814.88m, Ireland was the top country in Europe’s cross border M&A deal value across power industry.

In terms of cross border M&A deal activity, Europe recorded 32 deals during January 2021, marking a decrease of 15.79% over the previous month and a rise of 39.13% over the 12-month average. Spain recorded five deals during the month.

Content from our partners
Green investment: What gives Scotland multiple advantages
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration

Europe power industry cross border M&A deals in January 2021: Top deals

The top three power industry cross border M&A deals accounted for 99.1% of the overall value during January 2021.

The combined value of the top five power cross border deals stood at $1.13bn, against the overall value of $1.14bn recorded for the month.

The top three power industry cross border M&A deals of January 2021 tracked by GlobalData were:

1) Aker Horizons’ $814.88m acquisition of Mainstream Renewable Power

2) The $301.68m asset transaction with OX2 by Renewable Power Capital

3) Foresight Solar Fund’s $18.3m asset transaction for acquisition of Solar Assets in Andalusia, Spain

Related Companies

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU