Analysis of the key themes driving private equity activity reveals that environmental sustainability accounted for 52 power deals announced in Q3 2022, worth a total value of $5.1bn, according to GlobalData’s whitepaper on Environmental Sustainability in Power – Private Equity Deal Activity in Q3 2022.

In value terms, environmental sustainability-related deal activity decreased by 25% in Q3 2022 compared with the previous quarter’s total of $6.8bn and fell by 11% as compared to Q3 2021. Related deal volume decreased by 7% in Q3 2022 versus the previous quarter and was 1200% higher than in Q3 2021.







                     
   







Top 5 private equity deals related to environmental sustainability in the power industry since 2021






Target
Acquirer
Deal Value ($M)
Deal Date




Suez
Ardian Holding; Global Infrastructure Partners
$13,660M
Jan-21




Covanta Holding
EQT
$5,300M
Jul-21




Reden Solar
British Columbia Investment Management; Macquarie Asset Management Holding; MEAG Munich Ergo AssetManagement
$2,733M
Mar-22




China National Nuclear Huineng
Beijing Guanghe Confluence New Energy Technology Enterprise; China Life Insurance; CITIC Securities; Guohua Military and Civil Integration Industrial Development Fund Management; Sichuan Energy Investment Development; Zheneng Electric Power; Zhuhai Deqing Hengda Investment Partnership No 3
$1,115M
May-22




Hafslund Oslo Celsio
Hafslund Produksjon Holding; HitecVision; Infranode
$1,051M
Mar-22






  Source: GlobalData Deals Database