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Power industry M&A deals total $1.17bn in South and Central America in Q1 2021

04 May 2021 (Last Updated May 4th, 2021 14:41)

Total power industry M&A deals worth $1.17bn were announced in South and Central America in Q1 2021, led by China Three Gorges’ $569m acquisition of Luz Del Sur SAA, according to GlobalData’s deals database.

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The value marked a decrease of 84.9% over the previous quarter and a drop of 64% when compared with the last four-quarter average of $3.25bn.

South and Central America held a 3.11% share of the global power industry M&A deal value that totalled $37.68bn in Q1 2021. With a 1.51% share and deals worth $569m, Peru was the top country in South and Central America’s M&A deal value across power industry.

In terms of deal activity, South and Central America recorded 23 deals during Q1 2021, marking an increase of 35.29% over the previous quarter and a rise of 24.32% over the last four-quarter average. Brazil recorded 11 deals during the quarter.

South and Central America power industry M&A deals in Q1 2021: Top deals

The top five power industry M&A deals accounted for 96.03% of the overall value during Q1 2021.

The combined value of the top five M&A deals stood at $1.13bn, against the overall value of $1.17bn recorded for the quarter.

The top five power industry deals of Q1 2021 tracked by GlobalData were:

1) China Three Gorges’ $569m acquisition of Luz Del Sur SAA

2) The $287m asset transaction with by Interconexion Electrica SA

3) $184.74m asset transaction with

4) The $52m asset transaction with by S. A., Grupo Popular and InterEnergy

5) EDP – Energias do Brasil’s acquisition of AES Inova for $32.46m.

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.