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Foreword

M&A Bulletin 3rd Quarter 2025

Quarterly, we transform the dynamics of Mergers and Acquisitions (M&A) and transactions in the solar chain into an Exclusive Bulletin. This material is essential for your strategy, combining relevant data with in-depth analysis to identify trends and the best investment opportunities.

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Intelligence and competitive advantage!

Efficiency and strategy for your business. Our Bulletin offers the necessary view, based on detailed data, so you can anticipate movements, optimize your portfolio, and identify the best acquisition or sale opportunities.

Highlights of the M&A Bulletin (3rd Quarter 2025)

33

transactions mapped up to the 3rd quarter of 2025, one transaction less compared to the same period de 2024.

42%

of the total M&A transactions of the year are GC transactions, with self-production being the main driver of this market.

Transactions involving GD plants remain balanced with 2024.

Technology and energy are increasingly connected, in search of efficiency and sustainability.

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