The growth in natural-gas and renewable-energy trade in the U.S. is driving mergers and acquisitions to high levels in North America.

That includes increasing interest from investors in Canada and other countries in assets in the U.S., where a relatively stable regulatory environment and low interest rates make American pipeline, transmission and distribution companies attractive targets.

A new report from the accounting firm PricewaterhouseCoopers puts the total value of North American power and utilities deals at $41.4 billion in the first quarter of 2016, compared to $11.5 billion in the previous quarter. (Read more)