Update: Infrastructure M&A Update – March, 2024

March, 2024

For 2023, the median transaction value in Infrastructure was $60 million. For 2023, strategic buyers accounted for 90% of transactions.

Select recent notable publicly announced M&A transactions:

–Focus Impact BH3 Acquisition Company announced its acquisition of XCF Global Capital for $1.8 billion in December 2023.

–Exus North America Holdings announced its acquisition of New Mexico Renewable Development for $230 million in December 2023.

–Altus Power closed its acquisition of Project Hyperion for $128 million in December 2023.

–Kodiak Gas Services announced its acquisition of CSI Compressco for $886 million in December 2023.

–Koch Fertilizer announced its acquisition of Iowa Fertilizer Company for $3.6 billion in December 2023.

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