Power Deals: 2012 Outlook and 2011 Review

Power Deals is our annual analysis of merger and acquisition activity in the power utilities sectors. We publish our outlook on the prospects for dealmaking in the year ahead. We also take a look at what’s been happening in the last 12 months and in the different major markets around the world.

This year, for the first time, we open our report with our discussion of the outlook for the year ahead and identify some of the main themes we expect to be at work.

Looking ahead, much will rest on the continuing Eurozone crisis story and the extent to which economic growth signals can provide the confidence to support Eurozone strategies. The crisis has halted some of the strong rebound in deal flow that we saw earlier last year. The underlying fundamentals for a resumption in deal flow remain in place but confidence in the wider economic outlook will be pivotal to whether it happens or not.