August 4, 2020 (Investorideas.com Newswire) Total power industry venture financing deals in Q2 2020 worth $493.21m were announced globally, according to GlobalData's deals database.
The value marked an increase of 45.2% over the previous quarter and a drop of 22.6% when compared with the last four-quarter average, which stood at $642.18m.
Comparing deals value in different regions of the globe, North America held the top position, with total announced deals in the period worth $326.01m. At the country level, the US topped the list in terms of deal value at $325.74m.
In terms of volumes, North America emerged as the top region for power industry venture financing deals globally, followed by Europe and then Asia-Pacific.
The top country in terms of venture financing deals activity in Q2 2020 was the US with 32 deals, followed by the UK with six and Spain with five.
In 2020, as of the end of Q2 2020, power venture financing deals worth $878m were announced globally, marking a decrease of 80.5% year on year.
Power industry venture financing deals in Q2 2020: Top deals
The top five power industry venture financing deals accounted for 56.6% of the overall value during Q2 2020.
The combined value of the top five power venture financing deals stood at $279m, against the overall value of $493.21m recorded for the month.
The top five power industry deals of Q2 2020 tracked by GlobalData were:
For more information
To gain access to our latest press releases: GlobalData Media Centre
Analysts available for comment. Please contact the GlobalData Press Office:
EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809
Notes to Editors
This analysis considers only announced and completed deals from the GlobalData financial deals database and exclude all terminated and rumored deals. Country and industry are defined according to the headquarters and dominant industry of the target firm. The term 'acquisition' refers to both completed deals and those in the bidding stage.
GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.
4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make timelier and better business decisions thanks to GlobalData's unique data, expert analysis and innovative solutions, all in one platform. GlobalData's mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, technology, energy, financial and professional services sectors.
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com