Power financing up one third to $20 billion

Oil and gas sector deals also performed well, with 16 deals worth $14 billion, up 96% on the same period in 2003.

And of the top 10 largest deals, eight are in the energy sector. Worthy of note, according to Dealogic analyst Petra Hofer, are the second and third spots taken by oil deals in Azerbaijan – the Baku to Ceyhan pipeline weighs in with $3.6 billion and the Unocal Azeri, Chirag, and Deepwater Gunashli (ACG) oilfield development at $3.2 billion.

“It’s quite unusual to see projects of th