The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Eurowind Energy A/S by Norlys a.m.b.a. and EWE Holding ApS (‘EWH’), all of Denmark, and Blackstone Inc. of the US.
The transaction relates primarily to the development, construction, and operation of wind and solar farms in Europe, the wholesale of electricity, the provision of electricity balancing and ancillary services, as well as the development of renewable energy solutions.
The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.12473.
