In the British power industry, there were 32 M&A deals announced in Q3 2023, worth a total value of $3.3bn, according to GlobalData’s Deals Database. The $1.5bn acquisition of Breesea, Sonningmay Wind and Soundmark Wind by Diamond Transmission Partners Hornsea Two was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q3 2023 uncovers key trends behind the power market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.
Smarter leaders trust GlobalData
In value terms, M&A activity in the UK increased by 838% in Q3 2023 compared with the previous quarter’s total of $351.8m and rose by 56% as compared to Q3 2022. Related deal volume decreased by 30% in Q3 2023 versus the previous quarter.
The top-ranked financial advisors supporting these M&A deals in the UK in Q3 2023 were Investec; Canaccord Genuity Group; Camarco with 4, 3, 2 deals respectively.
The top-ranked legal advisorss supporting these M&A deals in the UK Q3 2023 were TLT; Burges Salmon; CMS Legal Services EEIG with 5, 4, 3 deals respectively.
For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.
This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.
