Total power industry deals worth $6.7bn were announced globally for March 2022, with the $1.28bn private equity deal with Reden Solar being the sector’s biggest investment, 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 25.1% over the previous month of $8.98bn and a drop of 59.3% when compared with the last 12-month average of $16.53bn.
In terms of number of deals, the sector saw a rise of 3.57% with 145 deals in March 2022 when compared to the last 12-month average of 140 deals.
In value terms, Europe led the activity with deals worth $2.92bn in March 2022.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDatapower industry deals in March 2022: Top deals
The top five deals accounted for 55.1% of the overall value during March 2022.
The combined value of the top five deals stood at $3.71bn, against the overall value of $6.7bn recorded for the month.
The top five power industry 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) Ares Management $600m private equity deal with SB Energy Holdings
4) The $440m acquisition of 33.33% stake Star Energy Group Holdings Pte. by Green Era
5) Brookfield Global Transition Fund I $240.38m private equity deal with Entropy