Grid buildout sees Europe dominate top global construction deals in Q1
Key takeaways
- Grid buildout sees Europe dominate top global construction deals in Q1 Emily Lai Mon, June 8, 2026 at 7:28 PM GMT+7 2 min read High voltage tower with sunset High voltage tower with sunset.
- According to Pitch Book’s Q1 2026 Construction & Engineering Report, Europe accounted for seven of the 10 largest deals globally in the quarter.
- Both deal count and deal value in Europe increased year-over-year in Q1, PitchBook data shows.
Grid buildout sees Europe dominate top global construction deals in Q1 Emily Lai Mon, June 8, 2026 at 7:28 PM GMT+7 2 min read High voltage tower with sunset High voltage tower with sunset. A wave of grid modernization and clean energy construction saw Europe account for most of the biggest PE deals in the global construction and engineering sector in the first three months of this year.
According to Pitch Book’s Q1 2026 Construction & Engineering Report, Europe accounted for seven of the 10 largest deals globally in the quarter.
Both deal count and deal value in Europe increased year-over-year in Q1, PitchBook data shows. Deal count hit a Q1 record at 157, rising 33% from last year, while deal value rose 62% YoY to €9.18 billion (about $10.6 billion).