Power industry private equity deals in Q4 2019 total $9.24bn globally

21 February 2020 (Last Updated February 25th, 2020 07:50)

Power industry private equity deals in Q4 2019 total $9.24bn globally

Total power industry private equity deals in Q4 2019 worth $9.24bn were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 374.2% over the previous quarter and a rise of 160.2% when compared with the last four-quarter average, which stood at $3.55bn.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $8.3bn. At the country level, the US topped the list in terms of deal value at $8.23bn.

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

The top country in terms of private equity deals activity in Q4 2019 was the US with 19 deals, followed by the UK with eight and Spain with two.

In 2019, as of the end of Q4 2019, power private equity deals worth $21.6bn were announced globally, marking a decrease of 38.1% year on year.

Power industry private equity deals in Q4 2019: Top deals

The top five power industry private equity deals accounted for 91.3% of the overall value during Q4 2019.

The combined value of the top five power private equity deals stood at $8.44bn, against the overall value of $9.24bn recorded for the month.

The top five power industry deals of Q4 2019 tracked by GlobalData were:

1) Canada Pension Plan Investment Board’s $6.1bn private equity deal with Pattern Energy Group

2) The $1.3bn private equity deal with Rivian Automotive by Amazon.com, BlackRock, Ford Motor and T Rowe Price Associates

3) Qatar Holding’s $451.2m private equity deal with Adani Electricity Mumbai

4) The $329.18m private equity deal with PNE by Morgan Stanley Infrastructure Partners

5) CBRE Caledon Capital Management’s private equity deal with Pattern Energy Group for $256.1m.

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.