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Power industry M&A deals total $3.7bn globally in August 2022

Total power industry M&A deals worth $3.7bn were announced globally in August 2022, led by RH International (Singapore) Corp’s $1bn acquisition of Nexif Energy Holdings and NXF Holdings 2, according to GlobalData’s deals database.

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The value marked an increase of 25.3% over the previous month of $2.96bn and a drop of 59% when compared with the last 12-month average, which stood at $9.04bn.

Comparing M&A deals value in different regions of the globe, Europe held the top position, with total announced deals in the period worth $1.6bn. At the country level, the UK topped the list in terms of deal value at $1.01bn.

In terms of volumes, Asia-Pacific emerged as the top region for power industry M&A deals globally, followed by Europe and then North America.

The top country in terms of M&A deals activity in August 2022 was the US with 16 deals, followed by the UK with six and India with six.

In 2022, as of August, power M&A deals worth $53.19bn were announced globally, marking an increase of 33% year on year.

power industry M&A deals in August 2022: Top deals

The top five M&A deals accounted for 75.1% of the overall value during August 2022.

The combined value of the top five power M&A deals stood at $2.78bn, against the overall value of $3.7bn recorded for the month.

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

1) RH International (Singapore) Corp’s $1bn acquisition deal with Nexif Energy Holdings and NXF Holdings 2

2) The $880.63m acquisition of DB Power by Adani Power

3) International Holding’s $490m acquisition deal for 50% stake in Kalyon Enerji Yatirimlari

4) The $241.96m acquisition of Energest by VH Global Sustainable Energy Opportunities

5) ABM Industries’s $170m acquisition deal with RavenVolt

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Verdict deals analysis methodology

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term ‘acquisition’ refers to both completed deals and those in the bidding stage.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

More in-depth reports and analysis on all reported deals are available for subscribers to GlobalData’s deals database.



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