North American power deals: Q4 2012 mergers & acquisitions report
This report presents an analysis of North American merger and acquisition activity in the power and utilities industry.
Q4 2012 key trends
- Alternative energy sources accounted for six of the top ten deals, with wind accounting for half of these.
- The number of announced deals greater than $50 million rose to 13, up from eight deals reported during the previous quarter. The number of deals greater than $50 million has risen each quarter since 2Q 2012. The average transaction value fell to its lowest level in at least five quarters. The total deal value also lagged 3Q12, even though the number of deals was significantly greater.
- Strategic investors dropped to only 57% by value of all acquisitions greater than $50 million, from 80% during the previous quarter.