Power industry private equity deals in Q3 2019 total $1.94bn globally

28 November 2019 (Last Updated November 28th, 2019 13:18)

Power industry private equity deals in Q3 2019 total $1.94bn globally

Total power industry private equity deals in Q3 2019 worth $1.94bn were announced globally, according to GlobalData’s deals database.

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The value marked a decrease of 72.9% over the previous quarter and a drop of 55.1% when compared with the last four-quarter average, which stood at $4.32bn.

Comparing deals value in different regions of the globe, Asia-Pacific held the top position, with total announced deals in the period worth $809.24m. At the country level, Spain topped the list in terms of deal value at $500m.

In terms of volume, Europe emerged as the top region for power industry private equity deals globally, followed by North America and then Asia-Pacific.

The top country in terms of private equity deals activity in Q3 2019 was the US with 14 deals, followed by the UK with six and Spain with five.

In 2019, as of the end of Q3 2019, power private equity deals worth $12.36bn were announced globally, marking a decrease of 62.6% year on year.

Power industry private equity deals in Q3 2019: Top deals

The top five power industry private equity deals accounted for 80.5% of the overall value during Q3 2019.

The combined value of the top five power private equity deals stood at $1.56bn, against the overall value of $1.94bn recorded for the month.

The top five power industry deals of Q3 2019 tracked by GlobalData were:

1) Brookfield Asset Management’s $500m private equity deal with X-ELIO Energy

2) The $400m private equity deal with NGL Energy Partners by EIG Global Energy Partners and FS Energy and Power Fund

3) QIC Private Capital’s $341.61m private equity deal with Pacific Energy

4) The $220m private equity deal with Energy Fiji by Fiji National Provident Fund

5) GPC Private Investing India’s private equity deal with Enzen Global Solutions for $100m.

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.