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  1. Deals Analysis
April 30, 2022

Power industry deals total $6.7bn globally in March 2022

By Carmen

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.

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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.

power 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

Related Companies

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.

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