2006 was another record breaking year in the electricity and gas utilities sector. Total deal values shot through the record level set in 2005 to reach a dizzying US$298.8bn. This is
nearly seven times the US$43bn level of transactions recorded in the sector only three years earlier in 2003.
The rise is all the more astonishing as it comes in a year when deal activity from corporate US utility players plummeted. The picture in Europe and the Asia Pacific region was however very different. Both regions recorded record levels of power deal activities as utility companies continued to strive for ‘super regional’ scale. Deal activity in Europe was given extra momentum by the countdown to the July 2007 implementation of full retail market liberalisation.
More:
, (371 KB).