GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial advisers by value and volume in power sector for Q1 2021 in its report, ‘Global and Power M&A Report Financial Adviser League tables Q1 2021’.

According to GlobalData’s M&A report, a total of 606 mergers and acquisitions (M&A) deals were announced in the sector during Q1 2021, while deal value for the sector increased by 55.4% from $56bn in Q1 2020 to $87bn in Q1 2021.

Top Advisers by Value and Volume

Citi and Barclays were the top M&A financial advisers in the power sector for Q1 2021 by value and volume, respectively.

Citi advised on three deals valued at $10bn – the highest value among all the advisers. Meanwhile, Barclays led the volume chart, having advised on six deals valued at $8.1bn.

GlobalData lead analyst Aurojyoti Bose said: “Citi was the only adviser that managed to surpass the $10bn mark. Though the firm advised on two billion-dollar deals, involvement in IFM Global Infrastructure Fund’s acquisition of 22.7% stake in Naturgy Energy in a $6.2bn deal was instrumental for Citi to occupy the top position.

“Meanwhile, apart from leading by volume, Barclays also gave tough competition for the top position by value and occupied the second position among the top 10 advisors by value.”

BNP Paribas took the third position in terms of value with four deals worth $7.5bn followed by Centerview Partners with four deals worth $6.8bn.

Morgan Stanley occupied the second position by volume with six deals worth $5.8bn followed by Goldman Sachs with six deals worth $5.5bn and Rothschild & Co with six deals worth $2.6bn.

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.

To ensure further robustness to the data, the company also seeks submissions from leading advisers, through adviser submission forms on GlobalData’s website.