Analysis of the key themes driving M&A activity reveals that energy transition accounted for 311 power deals announced in Q3 2024, worth a total value of $21.6bn. The $3.2bn minority acquisition of Vistra Vision by Vistra was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q3 2024 uncovers key trends behind the power market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
In value terms, energy transition-related deal activity increased by 48% in Q3 2024 compared with the previous quarter’s total of $14.6bn and rose by 23% as compared to Q3 2023. Related deal volume increased by 12% in Q3 2024 versus the previous quarter and was 17% higher than in Q3 2023.
The top-ranked financial advisors supporting these M&A deals in 9M 2024 were Rothschild & Co; Lazard; Barclays with 9, 8, 5 deals respectively.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were CMS Legal Services EEIG; Vinson & Elkins; White & Case with 16, 12, 11 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q3 2024 – Strategic Intelligence, buy the report here.
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