Analysis of the key themes driving M&A activity reveals that artificial intelligence accounted for seven power deals announced in Q3 2024, worth a total value of $584.9m. The $578.1m majority acquisition of Volue by Edison Bidco 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, artificial intelligence-related deal activity increased by 485% in Q3 2024 compared with the previous quarter’s total of $100m and rose by 6677% as compared to Q3 2023. Related deal volume increased by 133% in Q3 2024 versus the previous quarter and was 75% higher than in Q3 2023.

The top-ranked financial advisors supporting these M&A deals in 9M 2024 were ABG Sundal Collier Holding; Altor Equity Partners; Nomura with 1, 1, 1 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.

This content was updated on 19 October 2024

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