Total power industry M&A deals worth $601m were announced in Asia-Pacific in November 2022, led by Sembcorp Green Infra’s $345m acquisition of Vector Green Energy, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked a decrease of 23.1% over the previous month of $781.04m and a drop of 86.1% when compared with the last 12-month average of $4.32bn.

Asia-Pacific held a 12.12% share of the global power industry M&A deal value that totalled $4.96bn in November 2022. With a 6.99% share and deals worth $346.59m, India was the top country in Asia-Pacific’s M&A deal value across power industry.

In terms of M&A deal activity, Asia-Pacific recorded 26 deals during November 2022, marking an increase of 18.18% over the previous month and a drop of 29.73% over the 12-month average. China recorded eight deals during the month.

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Asia-Pacific power industry M&A deals in November 2022: Top deals

The top five power industry M&A deals accounted for 95.3% of the overall value during November 2022.

The combined value of the top five power deals stood at $572.5m, against the overall value of $601m recorded for the month.

The top five power industry M&A deals of November 2022 tracked by GlobalData were:

1) Sembcorp Green Infra’s $345m acquisition deal with Vector Green Energy

2) The $149.39m acquisition of 45.3% stake in Hunan Xingling New Energy by Sembcorp Energy (Shanghai) Holding

3) China Yaohua Glass Group’s $45.74m acquisition deal with Puyang China National Building Materials Photovoltaic Materials

4) The $22.25m acquisition of Delaske (Langfang) Technology by Suzhou Jinhongshun New Energy Technology

5) Healthbank Holdings’s $10.13m acquisition deal with New Energy International Investment Holdings