Total power industry deals for December 2020 worth $19.64bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 3.2% over the previous month and a rise of 40.7% when compared with the last 12-month average of $13.95bn.

In terms of number of deals, the sector saw a rise of 23.9% over the last 12-month average with 192 deals against the average of 155 deals.

In value terms, Europe led the activity with deals worth $7.64bn.

Power industry deals in December 2020: Top deals

The top five power deals accounted for 45.6% of the overall value during December 2020.

The combined value of the top five power deals stood at $8.96bn, against the overall value of $19.64bn recorded for the month.

The top five power industry deals of December 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 $1.9bn private equity deal with Calisen by BlackRock Global Energy & Power Infrastructure Funds, Coyote Bidco, Mubadala Investment and West Street Infrastructure Partners III

3) Cubico Sustainable Investments’ $1.82bn acquisition of Grupo T-Solar Global

4) The $1.35bn merger of Star Peak Energy Transition and Stem

5) Ameren Missouri’s asset transaction with Terra-Gen for $1.2bn.

Verdict deals analysis methodology

This analysis considers only announced and completed 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.