The Peruvian Competition Authority clears merger of electric generation undertakings, subject to supplying energy through competitive and transparent tenders or competitive bids (China Three Gorges Corporation / Luz del Sur and Inland Energy)

Indecopi authorizes the acquisition of Luz del Sur, as long as the Company supplies energy through competitive and transparent tenders or competitive bids that protect competition and consumer´s interest* The Commission for the Defense of Free Competition of Indecopi (CLC) decided to approve under conditions, the acquisition of Luz del Sur and Inland Energy S.A.C. made by China Three Gorges Corporation (CTG). This is to ensure competition between electric generation undertakings for the supply of regulated users and, therefore, to prevent the electricity utility tariffs of those users from increasing in the future, because of a lessening of competition.

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Peruvian Competition Authority, The Peruvian Competition Authority clears merger of electric generation undertakings, subject to supplying energy through competitive and transparent tenders or competitive bids (China Three Gorges Corporation / Luz del Sur and Inland Energy), 10 April 2020, e-Competitions April 2020, Art. N° 94359

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