Morgan Stanley leads in power M&A financial advisory in 2025

In 2025, Morgan Stanley dominated the power sector mergers and acquisitions (M&A) advisory landscape in terms of both deal value and number of transactions. Data from GlobalData highlighted Morgan Stanley’s lead in these metrics for the year. The financial advisory behemoth was at the forefront of 24 transactions totaling $63.4 billion, securing the top spot in the value chart.

Following closely behind was JPMorgan, ranking second with a total advisory value of $62.9 billion. Moelis & Company claimed the third spot in terms of deal value, overseeing transactions valued at $45.5 billion. Goldman Sachs and Lazard also made significant contributions in the arena, completing deals worth $43 billion and $39.5 billion, respectively.

Morgan Stanley’s prowess extended beyond deal value to the number of transactions, where Rothschild emerged as the second-place contender with 20 deals. Barclays and JPMorgan secured the third and fourth positions with 18 and 16 deals, respectively, while Lazard matched JPMorgan’s 16 transactions.

Aurojyoti Bose, lead analyst at GlobalData, underscored Morgan Stanley’s dominant performance, stating, “Morgan Stanley emerged as the leading financial adviser in the power sector M&A market in 2025, topping both the value and volume rankings.” The intense competition in the sector was highlighted by JPMorgan’s close second position, handling 16 transactions valued at $63 billion.

In the volume rankings, Rothschild & Co took the spotlight with 20 deals, reflecting the competitive nature of the top advisors in the industry. GlobalData’s league tables derive from real-time monitoring of numerous sources, including company and advisory firm websites, to ensure an accurate representation of the market landscape. Expert analysts meticulously gather and analyze data for each deal, emphasizing comprehensive coverage across advisory names.

To enhance the robustness of the data, GlobalData invites submissions of deals from prominent advisors, ensuring a detailed and comprehensive market overview. This commitment to data accuracy and integrity underscores GlobalData’s dedication to providing industry-leading insights for informed decision-making.

As the power sector continues to evolve, financial advisers play a pivotal role in facilitating strategic M&A transactions. Morgan Stanley’s exceptional performance in 2025 signifies its deep-rooted expertise and unwavering commitment to excellence in the advisory space, setting a high bar for industry peers.

In conclusion, Morgan Stanley’s commanding presence in the power sector M&A advisory realm in 2025 underscores its position as a leading player in the financial advisory landscape, demonstrating unparalleled expertise and delivering exceptional value to clients across the industry.