In the global power industry, there were 418 M&A deals announced in Q3 2024, worth a total value of $24.8bn, according to GlobalData’s Deals Database. 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.
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In value terms, M&A activity increased by 31% in Q3 2024 compared with the previous quarter’s total of $18.9bn and rose by 21% as compared to Q3 2023. Related deal volume increased by 13% in Q3 2024 versus the previous quarter and was 4% higher than in Q3 2023.
Notably, carbon emissions-related deals accounted for a 79% share of the global power industry’s M&A activity in Q3 2024, up 11% over the previous quarter.
The top-ranked financial advisors supporting these M&A deals in 9M 2024 were Rothschild & Co; Lazard; Barclays with 14, 9, 6 deals respectively.
The top-ranked legal advisors supporting these M&A deals in 9M 2024 were CMS Legal Services EEIG; Latham & Watkins; Vinson & Elkins with 17, 15, 14 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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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
