Total power industry M&A deals worth $557.8m were announced in Europe in June 2022, led by Equinor and SSE Thermal’s $418.72m acquisition of Triton Power, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 94.7% over the previous month of $10.44bn and a drop of 79.9% when compared with the last 12-month average of $2.77bn.

Europe held a 4.14% share of the global power industry M&A deal value that totalled $13.48bn in June 2022. With a 3.25% share and deals worth $438.45m, the UK was the top country in Europe’s M&A deal value across power industry.

In terms of M&A deal activity, Europe recorded 32 deals during June 2022, marking an increase of 10.34% over the previous month and a rise of 23.08% over the 12-month average. The UK recorded 13 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Europe power industry M&A deals in June 2022: Top deals

The top five power industry M&A deals accounted for 81.1% of the overall value during June 2022.

The combined value of the top five power deals stood at $452.45m, against the overall value of $557.8m recorded for the month.

The top five power industry M&A deals of June 2022 tracked by GlobalData were:

1) Equinor and SSE Thermal $418.72m acquisition deal with Triton Power

2) The $15.56m acquisition of Custom Solar by Mitie Group

3) Enersense International $9.47m acquisition deal with Voimatel

4) The $6.25m acquisition of 82% stake in myFC Holding by K Ohlin Fastigheter

5) Smart Metering Systems $2.45m acquisition deal for 25% stake in Clenergy EV