Receive our newsletter – data, insights and analysis delivered to you
  1. Deals Analysis
July 16, 2019updated 26 Aug 2019 9:13am

UK power industry sees a drop of 8.1% in deal activity in Q2 2019

The UK power industry saw a drop of 8.1% in overall deal activity during Q2 2019, when compared with the last four-quarter average, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

A total of 34 deals worth $899.96m were announced in Q2 2019, compared to the last four-quarter average of 37 deals.

M&A was the leading category in the quarter with 20 deals which accounted for 58.8% of all deals.

In second place was private equity with seven deals, followed by venture financing with seven transactions, respectively accounting for 20.6% and 20.6% of overall deal activity in the country’s power industry during the quarter.

Content from our partners
Green investment: What gives Scotland multiple advantages
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration

In terms of value of deals, M&A was the leading deal category in the UK power industry with total deals worth $601.45m, while private equity and venture financing deals totalled $271m and $27.5m, respectively.

The UK power industry deals in Q2 2019: Top deals

The top five power deals accounted for 90.3% of the overall value during Q2 2019.

The combined value of the top five power industry deals stood at $813.06m, against the overall value of $899.96m recorded for the quarter. The top announced UK power industry deal tracked by GlobalData in Q2 2019 was Qatar Investment Authority’s $253.71m private equity deal with Severn Trent.

In second place was the $211m asset transaction with The AES by Energeticky a Prumyslovy Holding, Mitsui & and Nebras Power and in third place was Varta’s $201.22m asset transaction with Energizer.

The $81.8m acquisition of Avista Technologies and Avista Technologies (UK) by Kurita Water Industries and Pensions Infrastructure Platform’s asset transaction with Scottish Equity Partners for $65.33m held fourth and fifth positions, respectively.

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.

 

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU