Total power industry M&A deals in August 2020 worth $2.48bn were announced globally, according to GlobalData’s deals database.
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The value marked a decrease of 84.7% over the previous month and a drop of 70.9% when compared with the last 12-month average, which stood at $8.55bn.
Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $1.01bn. At the country level, Thailand topped the list in terms of deal value at $537.5m.
In terms of volumes, Asia-Pacific emerged as the top region for power industry M&A deals globally, followed by North America and then Europe.
The top country in terms of M&A deals activity in August 2020 was the US with 22 deals, followed by Brazil with six and India with six.
In 2020, as of the end of August 2020, power M&A deals worth $54.25bn were announced globally, marking a decrease of 1.2% year on year.
Power industry M&A deals in August 2020: Top deals
The top five power industry M&A deals accounted for 65.8% of the overall value during August 2020.
The combined value of the top five power M&A deals stood at $1.63bn, against the overall value of $2.48bn recorded for the month.
The top five power industry deals of August 2020 tracked by GlobalData were:
1) PTT Public’s $536.68m acquisition of Global Power Synergy Public
2) The $501.97m asset transaction with EDP Renovaveis by Finerge
3) Enel’s $324m acquisition of Enel Americas
4) The $140.66m asset transaction with by Bluefield Solar Income Fund
5) Acadia Renewable Energy’s asset transaction with BNRG Renewables for $129.86m.
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.
Visit our ‘Power Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the power industry.