Europe’s power industry saw a rise of 7.4% in cross border deal activity during November 2020, when compared with the last 12-month average, led by Greencoat UK Wind’s $860.49m acquisition of RWE, according to GlobalData’s deals database.
- Embed this chart
Embed this chart into your website
Copy and paste the image source into your website to display the chart.
A total of 29 power industry cross border deals worth $2.22bn were announced for the region in November 2020, against the 12-month average of 27 deals.
Of all the deal types, M&A saw most activity in November 2020 with 25 transactions, representing an 86.2% share for the region.
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 second place was private equity with three deals, followed by venture financing deals with one transaction, respectively capturing a 10.3% and 3.5% share of the overall cross border deal activity for the month.
In terms of value of cross border deals, M&A was the leading category in Europe’s power industry with $2.17bn, followed by venture financing deals totalled $48.06m.
Europe power industry cross border deals in November 2020: Top deals
The top five power cross border deals accounted for 92.1% of the overall value during November 2020.
The combined value of the top five power cross border deals stood at $2.05bn, against the overall value of $2.22bn recorded for the month.
The top five power industry cross border deals of November 2020 tracked by GlobalData were:
1) Greencoat UK Wind’s $860.49m asset transaction with RWE
2) The $469.89m acquisition deal with Industrie De Nora by Snam
3) Ancala Partners’ $423.24m acquisition of Ence Energia
4) The $152.4m acquisition of Solarcentury Holdings by Statkraft
5) Arjun Alliance UK two and Mitsubishi UFJ Lease & Finance’s asset transaction with Brookfield Renewable Partners for $140m.