The EU Commission gives conditional clearance to an acquisition in the electricity sector (EDF / British Energy)

"Mergers: main developments between 1 September and 31 December 2008"* On 22 December conditional clearance was granted to the proposed acquisition of British Energy (BE) by Electricité de France (EdF). The Commission’s decision was conditional upon EdF‘s commitment to divest the power generation plants at Sutton Bridge in the UK (owned by EdF) and at Eggborough (owned by BE), to sell certain minimum volumes of electricity in the British wholesale market, to unconditionally divest a site potentially suitable for building a new nuclear power station located at either Dungeness or Heysham in the UK, at the purchaser’s choice, and to end one of

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Authors

  • J G Associates (Brussels)
  • DG COMP (Brussels)

Quotation

John Gatti, Mary Loughran, The EU Commission gives conditional clearance to an acquisition in the electricity sector (EDF / British Energy), 22 December 2008, e-Competitions Bulletin Energy & Mergers, Art. N° 37673

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