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Power industry M&A deals in September 2020 total $7.23bn globally

21 Oct 2020 (Last Updated October 21st, 2020 16:00)

Power industry M&A deals in September 2020 total $7.23bn globally

Total power industry M&A deals in September 2020 worth $7.23bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 180.5% over the previous month and a drop of 14.1% when compared with the last 12-month average, which stood at $8.42bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $3.38bn. At the country level, the US topped the list in terms of deal value at $3.38bn.

In terms of volumes, Europe emerged as the top region for power industry M&A deals globally, followed by North America and then Asia-Pacific.

The top country in terms of M&A deals activity in September 2020 was the US with 31 deals, followed by the UK with nine and Spain with six.

In 2020, as of the end of September 2020, power M&A deals worth $60.07bn were announced globally, marking a decrease of 8.7% year on year.

Power industry M&A deals in September 2020: Top deals

The top five power industry M&A deals accounted for 59.1% of the overall value during September 2020.

The combined value of the top five power M&A deals stood at $4.28bn, against the overall value of $7.23bn recorded for the month.

The top five power industry deals of September 2020 tracked by GlobalData were:

1) BP’s $1.1bn asset transaction with Equinor

2) The $980m acquisition of Greenko Group by ORIX

3) OPC Energy’s $800m acquisition of Competitive Power Ventures

4) The $735m asset transaction with Brookfield Renewable Energy Partners and Invenergy by Alpha Asset Management Mutual Funds ManagementS.A., Hana Financial Investment, Korea Hydro & Nuclear Power, Korea Investment & Securities and Sprott Korea

5) NextEra Energy’s acquisition of GridLiance for $660m.

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.