Utility Dive•3 days ago
Energy industry dealmaking soared in 2025 on large utility, IPP mergers
- •The dollar value of energy industry mergers and acquisitions (M&A) increased fivefold in 2025 compared to 2024, according to PwC.
- •This surge was driven by several large utility and IPP mergers, significantly reshaping the energy landscape.
- •For developers, this signals a consolidating market with potentially fewer, larger off-takers and partners, requiring adaptation to new market structures.
m&a