In the South and Central America power industry, there were 10 M&A deals announced in Q4 2023, worth a total value of $2.8bn, according to GlobalData’s Deals Database. The $2.1bn majority acquisition of Compania Energetica Veracruz S.A.C and Enel Generacion Peru SAA by Niagara Energy SAC was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for 2023 uncovers key trends behind the power market M&A deals and helps gain a comprehensive understanding of the disruptive themes driving most notable to deals. Buy the report here.

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In value terms, M&A activity in South and Central America increased by 100% in Q4 2023 compared with the previous quarter’s total of $1.4bn and rose by 149% as compared to Q4 2022. Related deal volume decreased by 60% in Q4 2023 versus the previous quarter and was 52% lower than in Q4 2022.

The top-ranked financial advisors supporting these M&A deals in South and Central America in Q4 2023 were BTG Pactual Holding; Citigroup; DNB Markets with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in South and Central America Q4 2023 were Machado, Meyer, Sendacz e Opice Advogados; Mayer Brown; Stocche Forbes Advogados with 4, 3, 3 deals respectively.

For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.

This content was updated on 8 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.