In the first quarter of 2017, we saw continued focus on infrastructure as an investment thesis – including the largest deal of the quarter – as well as continued interest from Canadian investors in US-based targets. There were two inbound deals in the quarter representing $7.2 billion or 56 percent of total deal value. Renewable deal activity also held strong, accounting for nine of the 16 total deals in the quarter.
Overall, Q1 2017 was a stronger quarter than the prior quarter with deal volume up by 60 percent and deal value by 46 percent. However, deal activity was significantly down from Q1 2016 with a 27 percent decline in deal volume and 69 percent decline in deal value.
In our report, we take a closer look at the largest transaction of the quarter and give you a snapshot of the top 10 deals of Q1 2017