Total power industry M&A deals worth $7bn were announced in North America in Q3 2022, led by MasTec’s $1.1bn acquisition of Infrastructure and Energy Alternatives, 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 an increase of 84.1% over the previous quarter and a drop of 30.5% when compared with the last four-quarter average of $10.02bn.

North America held a 22.69% share of the global power industry M&A deal value that totalled $30.67bn in Q3 2022. With a 22.53% share and deals worth $6.91bn, the US was the top country in North America’s M&A deal value across power industry.

In terms of deal activity, North America recorded 130 deals during Q3 2022, marking an increase of 30.00% over the previous quarter and a rise of 7.00% over the last four-quarter average. The US recorded 119 deals during the quarter.

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.

North America power industry M&A deals in Q3 2022: Top deals

The top five power industry M&A deals accounted for 59.7% of the overall value during Q3 2022.

The combined value of the top five M&A deals stood at $4.15bn, against the overall value of $7bn recorded for the quarter.

The top five power industry deals of Q3 2022 tracked by GlobalData were:

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

2) The $1bn acquisition of Scout Clean Energy by Brookfield Renewable

3) The $913m merger deal with Athena Consumer Acquisition and Next.e.GO Mobile

4) The $600m acquisition of Spruce Power by XL Fleet

5) Brookfield Renewable’s $540m acquisition deal with Standard Solar