KBS - Renewable Energy - Market Insight

M&A STATISTICS PwC’s 2023 Global M&A trends report showed that in total, the UK saw 3,628 deals across 2023 – £46bn worth of UK deals completed in H2 2023 compared to £42bn in H1, bringing the total deal value for the year to £88bn . Energy, Utilities and Resources sectors recorded £18.2bn of M&A activity in 2023 , the highest amount for any individual industry in the UK.

The graph below shows an increase in the deal volume in British power industry M&A Activity since 2021:

M&A activity in the British power industry (by deal volume) - Q4 2021 - Q1 2024

Average Deal Volume Quarterly Deal Volume

Q4 2021

Q1 2022

Q2

Q3

Q4

Q1 2023

Q2

Q3

Q4

Q1 2024

Source: GlobalData Power Intelligence Centre

To reach net zero by 2050, the International Energy Agency (IEA) estimates that global investment in clean energy alone will need to increase from the USD390bn in the first half of 2023 , to USD 1.3tn in 2030 .

In a recent PwC survey, 46% of energy leaders reported they’re planning for acquisition or divestment in the next 12-18 months , to help achieve strategic goals and accelerate investment.