The graph above is for the past ten quarters, including the most recent quarter. 3Q16 was the strongest quarter by far.
$78 billion in 3Q16 deals simply dwarfs the previous "records" set back in 3Q15 and 1Q16.
But then take another look. 2016 as a whole knocked "it" out of the ballpark:
- 2016: 78+28+41 = $147 billion in deals (and that does not include the 4th quarter, still to come)
- 2015: 12+45+3+7 = $67 billion
I assume the "deal volume" (grey line) was all deals whereas the red bar graphs included only those deals great that $50 million. One wonders if the larger number of deals in 4Q14 were small wind and solar deals made to take advantage of expiring tax credits.
The story is at PwC Deals: The key announced transactions in 3Q16(some business names were abbreviated):
- Enbridge agreed to acquire Spectra in an all - stock takeover ; the transaction is valued at $ 47.0 billion
- NextEra definitively agreed to merge with the bankrupt Energy Future Holdings, a Dallas - based electric power distributor, for $ 18.7 billion
- Southern Company acquired a 50 percent interest in Southern Natural Gas Company from Kinder Morgan Energy Partners for $2.7 billion
- A joint venture owned by Blackstone Group and ArcLight Capital Partners agreed to acquire four power plants of American Electric Power Co., for $2.2 billion.
- Columbia Pipeline Group, Inc. planned to acquire a 53.5 percent interest in the Houston - based Columbia Pipeline Partners for $2.1 billion
- DTE Energy Company agreed to acquire a 55 percent interest in the Stonewall Gas Gathering System from M3 Midstream ( 40 percent) and Vega Energy Partners ( 15 percent). Concurrently, DTE Energy Company acquired the Appalachia Gathering System of M3 Midstream. The combined transaction was valued at $1.3 billion