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In February this year, the global power industry registered deals worth of $5.91 billion (£4.8bn).
This is according to analytics company GlobalData, which notes this value marked an increase of 111.1% over the previous month but a drop of 42.1% when compared with the last 12-month average of $10.2 billion (£8.2bn).
In the last 12 months, the sector recorded 116 deals, with Europe coming on top with power industry deals totalling $2.18 billion (£1.76bn).
The top five power deals represented 61.9% of the overall value in February 2020, with Siemens in lead owing to its $1.22 billion (£988m) acquisition of Siemens Gamesa Renewable Energy.
