North America's power industry saw a drop of 11.3% in overall deal activity during Q3 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 134 deals worth $15.89bn were announced for the region during Q3 2020, against the last four-quarter average of 151 deals.

Of all the deal types, M&A saw most activity in Q3 2020 with 82, representing a 61.2% share for the region.

In second place was venture financing with 39 deals, followed by private equity deals with 13 transactions, respectively capturing a 29.1% and 9.7% 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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In terms of value of deals, M&A was the leading category in North America's power industry with $12.05bn, while private equity and venture financing deals totalled $3.51bn and $328.92m, respectively.

North America power industry deals in Q3 2020: Top deals

The top five power deals accounted for 70.7% of the overall value during Q3 2020.

The combined value of the top five power deals stood at $11.23bn, against the overall value of $15.89bn recorded for the quarter.

The top five power industry deals of Q3 2020 tracked by GlobalData were:

1) NRG Energy's $3.63bn acquisition of Direct Energy

2) The $3.2bn acquisition of Vivint Solar by Sunrun

3) Amazon.com, Baron Capital Group, BlackRock, Coatue Management, Fidelity Management & Research, Soros Fund Management and T Rowe Price Associates’ $2.5bn private equity deal with Rivian Automotive

4) The $1.1bn asset transaction with Equinor by BP

5) OPC Energy's acquisition of Competitive Power Ventures for $800m.

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.