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  1. Deals Analysis
August 30, 2022

Power industry M&A deals total $2.9bn globally in July 2022

By Carmen

Total Power industry M&A deals worth $2.9bn were announced globally in July 2022, led by MasTec’s $1.1bn acquisition of Infrastructure and Energy Alternatives, according to GlobalData’s deals database.

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The value marked a decrease of 78.5% over the previous month of $13.64bn and a drop of 67.4% when compared with the last 12-month average, which stood at $9.02bn.

Comparing M&A deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $1.15bn. At the country level, the US topped the list in terms of deal value at $1.15bn.

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 July 2022 was the US with 24 deals, followed by the India with six and Germany with five.

In 2022, as of July, Power M&A deals worth $49.48bn were announced globally, marking an increase of 33.9% year on year.

Power industry M&A deals in July 2022: Top deals

The top five M&A deals accounted for 75.6% of the overall value during July 2022.

The combined value of the top five Power M&A deals stood at $2.22bn, against the overall value of $2.9bn recorded for the month.

The top five Power industry M&A deals of July 2022 tracked by GlobalData were:

1) MasTec $1.1bn acquisition deal with Infrastructure and Energy Alternatives

2) The $702.93m acquisition of Ostwind Engineering,Ostwind Erneuerbare Energien,Ostwind International and Ostwindpark Rotmainquelle GmbHKG by Orsted

3) Galp Energia $142.97m acquisition deal for 25% stake in Titan 2020

4) The $139.35m acquisition of Manila Electric by Metro Pacific Investments

5) Gulf Renewable EnergyLimited $136.1m acquisition deal for 50% stake in Gulf Gunkul Corporation

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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