The Spanish Competition Authority clears in phase II with remedies an acquisition of wind farms in the energy sector, the Council of Ministries having upheld the set of remedies proposed (Iberdrola / Gamesa)

Muñoz, Daniel Domínguez

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27 Feb 2003

The Spanish Competition Authority clears in phase II with remedies an acquisition of wind farms in the energy sector, the Council of Ministries having upheld the set of remedies proposed (Iberdrola / Gamesa)

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Reference

Competition Defence Tribunal, Iberenova / Gamesa, C77/02, 27 February 2003

The operation The merger comprised Iberenova's acquisition of wind farms owned by Gamesa. Total capacity implied in the transaction amounted to 678 MW, including both operating and projected wind farms. The transaction agreement included a number of ancillary restraints (see below). Iberenova is a subsidiary of Iberdrola that operates the renewable electricity generation

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Author

Daniel Domínguez Muñoz
PwC (Madrid)

Spain 24 contributions 53276 visits

Quotation

Daniel Domínguez Muñoz, The Spanish Competition Authority clears in phase II with remedies an acquisition of wind farms in the energy sector, the Council of Ministries having upheld the set of remedies proposed (Iberdrola / Gamesa), 27 February 2003, e-Competitions February 2003, Art. N° 25283

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