Total power industry cross border M&A deals worth $2.99bn were announced in Asia-Pacific Q4 2020, led by Caisse de depot et placement du Quebec and Cathay Securities Investment Trust’s $2.68bn asset transaction, 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 116.7% over the previous quarter and a rise of 100.7% when compared with the last four-quarter average of $1.49bn.
Asia-Pacific held a 15.68% share of the global power industry cross border M&A deal value that totalled $19.07bn in Q4 2020. With a 14.05% share and deals worth $2.68bn, Taiwan was the top country in Asia-Pacific’s cross border M&A deal value across power industry.
In terms of deal activity, Asia-Pacific recorded 20 cross border deals during Q4 2020, marking a decrease of 20.00% over the previous quarter and a drop of 9.09% over the last four-quarter average. Australia recorded six deals during the quarter.
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 GlobalDataAsia-Pacific power industry cross border M&A deals in Q4 2020: Top deals
The top five power industry cross border M&A deals accounted for 99.4% of the overall value during Q4 2020.
The combined value of the top five cross border M&A deals stood at $2.97bn, against the overall value of $2.99bn recorded for the quarter.
The top five power industry cross border deals of Q4 2020 tracked by GlobalData were:
1) Caisse de depot et placement du Quebec and Cathay Securities Investment Trust’s $2.68bn asset transaction with Orsted
2) The $201.68m asset transaction with John Laing Group by First Sentier Investors
3) Gunkul Engineering Public’ $39.85m asset transaction with Bangjak Green Energy, Phan Tri Bich Nga and Tran Thi Huong Ha
4) The $23.92m asset transaction with Development & Construction Sole Co, Asia Investment and Ltd by Parabolic Solar Power
5) Fabchem China’s acquisition of Renewable Power Management for $22m.
