Power industry venture financing deals in Q4 2018: The top and total deals revealed
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Power industry venture financing deals in Q4 2018 total $492.51m globally

08 Mar 2019 (Last Updated March 8th, 2019 13:08)

Power industry venture financing deals in Q4 2018 total $492.51m globally

Total power venture financing deals in Q4 2018 worth $492.51m were announced globally, according to GlobalData’s deals database.

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The value marked an increase of 121% over the previous quarter and a rise of 38.8% when compared with the last four-quarter average, which stood at $355.39m.

Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $401.12m. At the country level, the United States topped the list in terms of deal value at $399.63m.

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

The top country in terms of venture financing deals activity in Q4 2018 was the United States with 31 deals, followed by the United Kingdom with three and The Netherlands with two.

In 2018, as of the end of Q4, power venture financing deals worth $1.58bn were announced globally, marking a decrease of 14.8% year on year.

Power venture financing deals in Q4 2018: Top deals

The top five power venture financing deals accounted for 71.8% of the overall value during Q4 2018.

The combined value of the top five power venture financing deals stood at $353.83m, against the overall value of $492.51m recorded for the quarter.

The top announced power venture financing deal tracked by GlobalData in Q4 2018 was American Electric Power, BMW i Ventures, Braemar Energy Ventures, Canada Pension Plan Investment Board, Chevron Technology Ventures, Clearvision CM, Daimler Trucks & Buses, GIC, Linse Capital, Quantum Energy Partners and Siemens’ $240m venture financing of ChargePoint.

In second place was Balderton Capital, Cristina Stenbeck, Jeff Wilkes, Justin Mateen, Keith Richman, LocalGlobe, Nicolas Brusson, Raine Ventures, Sebastian Knutsson, Spencer Rascoff and Vostok New Ventures’ venture financing of VOI Technology for $50m and in third place was Alfa Laval, Breakthrough Energy Ventures and Concord New Energy Group’s $26m venture financing of Malta.

Itochu, Kyocera and North Bridge Venture Partners’ $21.83m venture financing of 24M Technologies and Lake Bridge Capital, SABIC Ventures and Total Energy Ventures’ venture financing of MTPV Power for $16m held fourth and fifth positions, respectively.

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.

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.


Visit our ‘Power Deals Dashboard’ for the latest trends in M&A, PE, and VC activity, top deals and advisory league tables in the power industry.