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Global power deals market: $18.1 billion valuation in Q1 2013

Press release   •   May 01, 2013 13:59 BST

M&As in the power industry remained unchanged with 119 deals each in Q4 2012 and Q1 2013. However, deal value registered a marginal increase from $17.7 billion in Q4 2012 to $18.1 billion in Q1 2013. On a year-on-year basis, M&As recorded a marginal increase in the number of deals and a decrease of 43% in deal value from 118 deals worth $31.6 billion in Q1 2012.

Europe remained the most attractive destination for M&As in Q1 2013. The region registered 46 deals worth $9.4 billion in Q1 2013, as compared to 37 deals worth $6.4 billion in Q4 2012, reflecting an increase of 24% in the number of deals and 48% in deal value.

The power industry recorded the highest number of M&A deals in the wind and solar segments with 25 deals each in Q1 2013, followed by hydro and energy efficiency segments with 12 and 10 deals respectively. In deal value, the hydro segment reported the highest deal value of $3.3 billion in Q1 2013, followed by fossil fuels segment with $2.7 billion.

Asset financing, including project financing, self-funded, tax equity, lease and bond financing, and bridge loans for new building projects, acquisitions, and the refinancing of assets, registered a decrease of 20% in the number of deals and 37% in deal value with 236 deals worth $52.9 billion in Q1 2013, as compared to 294 deals worth $83.7 billion in Q4 2012. On a year-on-year basis, asset financing recorded a marginal increase of 4% in the number of deals and a decrease of 13% in deal value from 228 deals worth $61.1 billion in Q1 2012.

For more information on the Global power deals market, please click here: Global power deals market

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