Power industry M&A deals in August 2021
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Power industry M&A deals total $4.1bn globally in August 2021

28 Sep 2021

Total power industry M&A deals worth $4.1bn were announced globally in August 2021, led by China Three Gorges South Asia Investment’s $1bn acquisition of Alcazar Energy, according to GlobalData’s deals database.

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The value marked an increase of 320.8% over the previous month of $969.48m and a drop of 53.9% when compared with the last 12-month average, which stood at $8.84bn.

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 $1.51bn. At the country level, the US topped the list in terms of deal value at $1.31bn.

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

The top country in terms of M&A deals activity in August 2021 was the US with 14 deals, followed by the UK with four and Italy with three.

In 2021, as of August, power M&A deals worth $74.07bn were announced globally, marking an increase of 87.5% year on year.

power industry M&A deals in August 2021: Top deals

The top five M&A deals accounted for 86.8% of the overall value during August 2021.

The combined value of the top five power M&A deals stood at $3.54bn, against the overall value of $4.1bn recorded for the month.

The top five power industry M&A deals of August 2021 tracked by GlobalData were:

1) China Three Gorges South Asia Investment $1bn acquisition deal with Alcazar Energy

2) The $885m acquisition of 50% stake in Constellation Energy Nuclear Group by Exelon Generation Co

3) Hanwha Solutions $854.92m acquisition deal with RES Mediterranee

4) The $415m acquisition of GT Advanced Technologies by ON Semiconductor

5) Eneti $385m acquisition deal with Atlantis Investorco

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.