The value of corporate-backed deals in the energy sector dropped in Q3 but the overall pace of deal making remains steady.

Oil pump next to sunset
Photo by Zbynek Burival on Unsplash

Oil and gas corporate venturers continued to participate in deals at roughly the same pace during the third quarter, but the total estimated valuation of those deals has dropped from the previous year.

Cleantech deals are the only exception –as the energy sector reacts to a need to decarbonise, these deals have remained in high demand.We only saw a few exits,…

Kaloyan Andonov

Kaloyan Andonov is head of analytics at Global Corporate Venturing.