Deals activity: South and Central America sees significant decrease in volume; solar PV remains leading sector

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Deals activity by geography

Power industry deals, as captured by GlobalData’s Power Intelligence Centre, are down year-on-year (YoY) across all regions.

North America is leading in terms of deal value, but also recorded a decrease in YoY growth in deals volume at -4%. South and Central America, ranking last in terms of deal value, has also suffered the biggest YoY change, with deal volumes at -35%.

The volume of deals recorded by GlobalData also decreased YoY in Middle East and Africa (-26%), Asia-Pacific (-8%), and Europe (-1%).

Deals activity by type

Deal typeTotal deal value (US$m)Total deal countYoY change (volume) 
Asset Transaction7348457327879
Debt Offering42280551313428
Equity Offering1463096740818
Venture Financing65312466337
Private Equity450947238650

A breakdown of deals by type and volume shows mixed results; while mergers are down -84% and partnerships down -41%, asset transactions are up 9% and acquisitions' have seen 7% growth. Financing deals have seen more positive results, with venture financing up 37% YoY, private equity up 50%, equity offerings up 18%, and debt offerings saw growth of 28%.

Deals activity by sector

So early in the year, it is hard to draw notable conclusions from GlobalData’s analysis of power industry deals by sector. However, solar PV remains the leading sector by deals volume, following several strong years of growth. Fossil fuels has fallen firmly to the lowest number of deals, sitting at 35. 

Note: All numbers as of 01 March 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.

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