Deals

Deal activity by volume related to ESG increased by 339% year-on-year in 2022 in the power industry

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Analysis of the key themes driving deal activity reveals that ESG accounted for 8,468 power deals between 2018 and 2022, worth a total value of $11,822m, according to GlobalData’s Deals database covering mergers and acquisitions, private equity, venture financing, equity offerings and partnerships. The $24,359m asset transaction deal by China Three Gorges was the largest disclosed deal in 2022, while the $23,134m acquisition of Suez by Veolia Environnement was the largest disclosed deal in 2021.  

In volume terms, ESG-related deal activity increased by 339% year-on-year in 2022, whereas it declined by 64% year-on-year in 2021.

Deal activity related to ESG in the global power industry in the last five years

Top deals related to ESG in the power industry in the last five years

Deal volume by deal type for ESG related deals in the power industry in the last five years

Asset transactions accounted for the highest number of deals in the last five years, with 3,781 deals, followed by acquisitions (1,421 deals) and partnerships (1,160 deals).

Top financial advisors for ESG related deals by value in the power industry in the last five years

The top financial advisor supporting deals related to ESG in the power industry in the last five years in terms of value was Goldman Sachs, followed by BofA Securities and Citigroup.

Top legal advisors for ESG related deals by value in the power industry in the last five years

The top legal advisors supporting deals related to ESG in the power industry in the last five years in terms of value were Weil, Gotshal & Manges, Davis Polk & Wardwell, and Cleary Gottlieb Steen & Hamilton.

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

GlobalData’s Deals database provides comprehensive coverage across industries tracking market activity of global mergers & acquisitions, including asset acquisitions/divestments; private equity deals (PE); venture finance deals (VC); equity offerings, including IPOs, follow-on offerings, and private placements; debt offerings, including private placements, ESG bonds and loans; partnerships; and licensing agreements.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumored deals.

Go to article: Home | ESG moves up the agendaGo to article: ContentsGo to article: BriefingGo to article: ForewordGo to article: ESG is the most important theme of this decadeGo to article: A timeline of corporate ESGGo to article: PharmaGo to article: The most pressing ESG concerns for the pharma industryGo to article: Key trends impacting ESG performance in the healthcare sectorGo to article: Latest news: ESG in pharmaGo to article: Sustainable supply chains: Clinical trials in a new era of limited resourcesGo to article: Increase in DPI use could lead to decreases in greenhouse gas emissionsGo to article: Environmental sustainability innovation: Leading companies in anti-malarial compositionsGo to article: Deal activity related to ESG in the pharmaceutical industry since 2020Go to article: ESG hiring trends in the global pharmaceutical industry since 2020Go to article: ESG patent applications in the global pharmaceutical industry since 2020Go to article: Mentions of ESG in 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