The Italian Competition Authority conditionally clears a concentration between two regional energy firms (Società Elettrica Altoatesina / Azienda Energetica)

By a decision made on 15 July 2015 the Italian Competition Authority (ICA) has conditionally cleared a concentration between two publicly held regional energy firms, Società Elettrica Altoatesina (SEL) and Azienda Energetica (AE), operating in the North-east of Italy in the province of Bolzano [1]. The ICA competition concerns SEL is the holding company of an energy group active in the electricity and gas markets. Almost all of the SEL equity shares are owned by the province of Bolzano. As SEL, also AE is the holding company of an energy group, which is jointly controlled by the municipalities of Bolzano and Merano. With the proposed concentration AE and SEL would be purchased by the entity resulting of the merger, Newco. The province of Bolzano along with the municipalities of

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Michele Giannino, The Italian Competition Authority conditionally clears a concentration between two regional energy firms (Società Elettrica Altoatesina / Azienda Energetica), 15 July 2015, e-Competitions Bulletin Energy & Mergers, Art. N° 75470

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