Total power industry M&A deals worth $6.38bn were announced in Asia-Pacific in Q1 2021, led by Total’s $1.98bn acquisition of Adani Green Energy, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 11.6% over the previous quarter and a rise of 12.3% when compared with the last four-quarter average of $5.68bn.

Asia-Pacific held a 16.93% share of the global power industry M&A deal value that totalled $37.68bn in Q1 2021. With a 9.00% share and deals worth $3.39bn, India was the top country in Asia-Pacific’s M&A deal value across power industry.

In terms of deal activity, Asia-Pacific recorded 93 deals during Q1 2021, marking a decrease of 15.45% over the previous quarter and a rise of 6.59% over the last four-quarter average. China recorded 25 deals during 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.

Asia-Pacific power industry M&A deals in Q1 2021: Top deals

The top five power industry M&A deals accounted for 63.8% of the overall value during Q1 2021.

The combined value of the top five M&A deals stood at $4.07bn, against the overall value of $6.38bn recorded for the quarter.

The top five power industry deals of Q1 2021 tracked by GlobalData were:

1) Total’s $1.98bn acquisition of Adani Green Energy

2) The $635.01m acquisition of NER-II Transmission by India Grid Trust

3) SUEZ (Asia)’s $537.94m acquisition of SUEZ NWS

4) The $463.38m asset transaction with Essel by Adani Transmission

5) PMR Group Retirement Plan’s asset transaction with AC Energy for $453m.