![](https://www.power-technology.com/wp-content/uploads/sites/21/2019/03/deals_1-1.jpg)
US power industry saw a drop of 25.64% in overall deal activity during June 2021, when compared with the last 12-month average, led by Prolec GE International S de RL de CV’s $645m acquisition of SPX Transformer Solutions, 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 deals worth $1.3bn were announced in June 2021, compared with the 12-month average of 39 deals.
M&A was the leading category in the month in terms of volume with 12 deals, which accounted for 41.4% of all deals.
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.
![](/wp-content/themes/goodlife-wp-B2B/assets/images/company-profile-unit.png)
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 venture financing with ten deals, followed by private equity with seven transactions, respectively accounting for 34.5% and 24.1% of overall deal activity in the US technology industry during the month.
In terms of value of deals, M&A was the leading deal category in the US power industry with total deals worth $1.08bn, while venture financing and private equity deals totalled $122.28m and $99m, respectively.
US power industry deals in June 2021: Top deals
The top five power industry deals accounted for 89.2% of the overall value during June 2021.
The combined value of the top five power deals stood at $1.16bn, against the overall value of $1.3bn recorded for the month.
The top five power industry deals of June 2021 tracked by GlobalData were:
1) Prolec GE International S de RL de CV’s $645m acquisition of SPX Transformer Solutions
2) The $389.7m acquisition of 90% stake in Clenera by Enlight Renewable Energy
3) VH Global Sustainable Energy Opportunities’ $63m private equity deal with Energea Global
4) The $35m private equity deal with Caban Systems by Ember Infrastructure Management
5) Breakthrough Energy Ventures, First Solar and Hunt Energy Enterprises’ venture financing with CubicPV for $25m.