DEALS ANALYSIS
Deals activity: Europe leads in growth and value; sector rankings remain same as 2020
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Deals activity by geography
Power industry deals, as captured by GlobalData’s Power Intelligence Centre, are up year-on-year (YoY) across most regions.
Europe is now leading in terms of deal value, recording the greatest increase in YoY growth in deals volume at 18.94%. Deals also slightly increased in Asia-Pacific (4.89%) and North America (7.49%).
South and Central America, ranking last in terms of deal value, has also suffered the biggest YoY change, with deal volumes at -37.74%. The volume of deals recorded by GlobalData also decreased YoY in Middle East and Africa (-22.57%).
Deals activity by type
| Deal type | Total deal value (US$m) | Total deal count | YoY change (volume) |
| Asset Transaction | 7415133 | 33178 | 28.73 |
| Debt Offering | 4329018 | 13335 | 28.9 |
| Acquisition | 2911265 | 12810 | 44.67 |
| Equity Offering | 1492549 | 7608 | 33.4 |
| Partnership | 115874 | 6037 | 84.41 |
| Venture Financing | 67693 | 4817 | 148.1 |
| Private Equity | 478781 | 2443 | 113.51 |
| Merger | 284956 | 424 | -82.15 |
A breakdown of deals by type and volume shows largely positive results; while mergers are down -82.15%, asset transactions are up 28.73%, partnerships are up 84.41%, and acquisitions have seen 44.67% growth. Financing deals have also seen positive results, with venture financing up 148.1% YoY, private equity up 113.51%, equity offerings up 33.4%, and debt offerings seeing growth of 28.9%.
Deals activity by sector
Perhaps the most notable conclusion to draw from GlobalData’s analysis of power industry deals by sector so far this year is consistency. All sectors are currently in the same relative rankings as they were at the end of 2020, with solar PV remaining in the lead with 654 deals.
Note: All numbers as of 24 May 2021. Deals captured by GlobalData cover M&As, strategic alliances, various types of financing and contract service agreements.
For more insight and data, visit GlobalData's Power Intelligence Centre.
Latest deals in brief
Adani to acquire complete stake in SB Energy India
India-based energy company Adani Green Energy has signed share purchase agreements to acquire a complete stake in SB Energy India.
USS acquires 50% stake in Bruc Energy for $281m
The Universities Superannuation Scheme (USS), a UK-based private pension fund, has acquired a 50% stake in Bruc Energy, which develops renewable energy projects in Spain and Portugal.
SkySpecs acquires wind energy companies in Europe
US-based data insight and automation provider SkySpecs has acquired two European wind energy technology companies, Fincovi and Vertikal AI, for an undisclosed sum.
Apex Clean Energy completes sale of Michigan wind projects
Apex Clean Energy has concluded its previously announced sale of the Isabella Wind I and II projects in Michigan to DTE Energy.
Aker Horizons concludes Mainstream Renewable Power acquisition
Norwegian investment company Aker Horizons has concluded its previously announced acquisition of a 75% stake in Ireland-based Mainstream Renewable Power.
Rhizen signs oncology drug development deal with Curon
Swiss biopharma company Rhizen Pharmaceuticals has signed an exclusive licensing agreement with Curon Biopharmaceutical to develop and commercialise Tenalisib for oncology in the Greater China region. Tenalisib, a highly selective dual PI3K delta and gamma inhibitor, is currently in Phase II clinical development for haematological malignancies. The US FDA granted fast track and orphan drug designations for the drug candidate Tenalisib as a treatment for relapsed/refractory peripheral T-cell lymphoma and cutaneous T-cell lymphoma.
