In the German power industry, there were 21 M&A deals announced in Q3 2023, worth a total value of $858.3m, according to GlobalData’s Deals Database. The $443.7m acquisition of Breeze Two Energy by Statkraft was the industry’s largest disclosed deal. GlobalData’s Power Industry Mergers and Acquisitions Deals report for Q3 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 Germany increased by 2177% in Q3 2023 compared with the previous quarter’s total of $37.7m and fell by 57% as compared to Q3 2022. Related deal volume increased by 5% in Q3 2023 versus the previous quarter and was 22% lower than in Q3 2022.

The top-ranked financial advisors supporting these M&A deals in Germany in Q3 2023 were Augusta; Capcora; Clairfield International with 2, 1, 1 deals respectively.

The top-ranked legal advisorss supporting these M&A deals in Germany Q3 2023 were Allen & Overy; Ashurst; Heuking Kuhn Luer Wojtek with 4, 3, 3 deals respectively.

For further understanding of GlobalData's Power Industry Mergers and Acquisitions Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.

This content was updated on 20 October 2023

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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.