Alternative Energy Deal Value Falls, Led by North America
The alternative energy industry reported a decline in the number of deals in March 2010 as a sharp drop in North America outweighed increases in the rest of the world, according to Global Data.
We are pleased to make available a complimentary download of Global Data’s comprehensive 53-page study of the sector. The report provides detailed information on M&A, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions and provides detailed comparative data by deal types, segments, and geographies. Additionally, the report provides information on the top financial advisory firms in the alternative energy industry.
Selected Highlights:
- The industry recorded 220 deals of all types worldwide in March 2010 compared to 228 deals in February 2010.
- North America registered a decrease of 22% with 100 deals in March 2010, while Rest of World, Europe and the Asia-Pacific recorded increases of around 37%, 17%, and 14% respectively.
- The solar, biopower, hydro, energy efficiency and geothermal energy markets registered a decrease in the number of deals in March 2010 reporting 60, 44, 26, 18, and 13 deals respectively, compared to 73, 47, 29, 22, and 16 deals in February 2010.
- Asset financing, including project and tax equity financing, bond and lease financing and self-funded projects, accounted for 46% of the total deals in March 2010.
Mergers and acquisitions (M&As) in the alternative energy market reported a huge decrease in deal value and the number of deals in March 2010. The deals decreased from 34 deals worth $9 billion in February 2010 to 30 deals worth $528.8 million in March 2010.
- Credit Suisse ranked as the top financial advisor by providing advisory services for five M&A deals worth $980.7 million between October 2009 and March 2010.
- Asset financing registered a decrease in deal value and the number of deals, reporting 101 deals worth $11.5 billion in March 2010 compared to 106 deals worth $21.7 billion in February 2010.
- Capital raising, including equity and debt offerings, reported a decrease in deal value from $10.4 billion in February 2010 to $9 billion in March 2010, a decrease of 13% in value terms. However, the number of deals reported an increase of 20% in March 2010 recording 36 deals compared to 30
deals in February 2010. - The private equity (PE) and venture capital (VC) market witnessed an increase in deal value and a decrease in the number of deals in March 2010. The market reported 30 deals worth $682.1 million in March 2010 compared to 38 deals worth $513.5 million in February 2010. Further, partnership
transactions recorded an increase of 15% in March 2010, reporting 23 deals compared to 20 deals in February 2010.
Alternative Energy Monthly Deal Analysis: M&A and Investments Trends – April 2010 has been made available free of charge to Research Recap users for 30 days by special arrangement with Global Data, an Alacra content partner. After 30 days, the report will revert to its regular Alacra Store price of $1000.00)
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