Analysis of the key themes driving private equity deal activity reveals that environmental sustainability accounted for 44 power deals announced in Q1 2024, worth a total value of $5.5bn. The $2.2bn institutional buy-out (ibo) Encavis by Elbe BidCo and Viessmann Werke was the industry’s largest disclosed deal. A thorough analysis of the disruptive themes and the Private Equity deal activity are included in GlobalData’s Power Industry Mergers and Acquisitions Deals by Top Themes report. Buy the report here.
In value terms, environmental sustainability-related deal activity increased by 25% in Q1 2024 compared with the previous quarter’s total of $4.4bn and rose by 40% as compared to Q1 2023. Related deal volume increased by 5% in Q1 2024 versus the previous quarter and was 21% lower than in Q1 2023.
The top-ranked financial advisors supporting these private equity deals in Q1 2024 were Lazard; Bonheur; Jefferies Financial Group with 3, 2, 2 deals respectively.
The top-ranked legal advisors supporting these private equity deals in Q1 2024 were Kirkland & Ellis; Latham & Watkins; Akin Gump Strauss Hauer & Feld with 5, 3, 2 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.
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