Full Title: Power transactions and trends Q4 2017
Author(s): EY’s Global Power & Utilities Sector
Publisher(s): EY
Publication Date: February 1, 2018
Full Text: Download Resource
Description (excerpt):
The global energy sector is evolving – and so too are the investment drivers behind it. We are on the edge of a new era in power and utilities (P&U) M&A, characterized by a changing generation paradigm and a stronger commercial case for new technologies that are starting to prove their benefits.
Our 2017 review of transactions and trends within the global P&U sector reveals that utility assets remain prized by investors the world over. In 2017, deals in P&U hit an eight-year high in terms of both value (US$200.2b) and volume (516).
Key figures:
US$63.3b deal value in networks
US$55.1b deal value in “others,” including integrated and water and wastewater
US$42.8b deal value in renewables
US$39b deal value in generation
35 multibillion-dollar transactions, contributing 77% of total deal value
10% increase in deal volume from 2016 driven by a 28% rise in renewable energy deals
Corporate buyers investing 1.6x more than financial investors