The US power industry saw a rise of 28.9% in overall deal activity during April 2019, when compared with the last 12-month 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 58 deals worth $7.76bn were announced in April 2019, compared to the 12-month average of 45 deals.
M&A was the leading category in the month in terms of volume with 36 deals which accounted for 62.1% of all deals.
In second place was venture financing with 13 deals, followed by private equity with nine transactions, respectively accounting for 22.4% and 15.5% of overall deal activity in the country’s power industry during the month.
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.
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 GlobalDataIn terms of value of deals, M&A was the leading deal category in the US power industry with total deals worth $7.41bn, while private equity and venture financing deals totalled $282m and $58.28m, respectively.
US power industry deals in April 2019: Top deals
The top five power industry deals accounted for 92% of the overall value during April 2019.
The combined value of the top five power industry deals stood at $7.14bn, against the overall value of $7.76bn recorded for the month. The top announced US power industry deal tracked by GlobalData in April 2019 was Waste Management’s $4.9bn acquisition of Advanced Disposal Services.
In second place was the $1.25bn asset transaction with Duke Energy Renewables by John Hancock Infrastructure Fund and John Hancock Life Insurance(U.S.A.) and in third place was Austin Energy’s $460m asset transaction with Southern Power.
The $310m asset transaction with by Terna Energy and DIF Infrastructure V and Goldman Sachs Renewable Power’s asset transaction with Macquarie Infrastructure for $215m 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. 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.