North America's power industry saw a rise of 37.6% in overall deal activity during Q4 2020, when compared to the 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 205 deals worth $19.93bn were announced for the region during Q4 2020, against the last four-quarter average of 149 deals.
Of all the deal types, M&A saw most activity in Q4 2020 with 119, representing a 58.05% share for the region.
In second place was venture financing with 63 deals, followed by private equity deals with 23 transactions, respectively capturing a 30.7% and 11.2% share of the overall deal activity for the quarter.
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 category in North America's power industry with $17.43bn, while private equity and venture financing deals totalled $2.03bn and $469.53m, respectively.
North America power industry deals in Q4 2020: Top deals
The top five power deals accounted for 66% of the overall value during Q4 2020.
The combined value of the top five power deals stood at $13.15bn, against the overall value of $19.93bn recorded for the quarter.
The top five power industry deals of Q4 2020 tracked by GlobalData were:
1) Avangrid's $8.3bn acquisition of PNM Resources
2) The $1.35bn merger of Star Peak Energy Transition and Stem by
3) KKRInc and Nextera Energy Partners’ $1.3bn asset transaction with NextEra Energy Resources
4) The $1.2bn asset transaction with Terra-Gen by Ameren Missouri
5) Caisse de depot et placement du Quebec's private equity deal with Invenergy Renewables for $1bn.
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.