PT
Autoridade da Concorrência

Case details

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Merger control
Case reference
Ccent/2023/13 - Finerge Alfama / Corner and Border
Acquired
Corner and Border, S.A.
Description
Public limited company, currently owned and exclusively controlled by ONEX Renewables S.à r.l.. Corner and Border is dedicated to the management of projects in the field of renewable energies, holding 100% of the share capital of Eólica da Linha, S.A. and Eólica do Sincelo, S.A., whose activity is the production of electricity from renewable energy sources (namely wind, geothermal and solar).
Acquiring
Finerge Alfama, S.A.
Description
Company 100% owned by Finerge, S.A., a Portuguese company set up with the aim of managing a group of companies producing renewable energies in Portugal.
Sector
  • Energy and Fuels
Activity (NACE)
  • D3511 - Production of electricity
Applicable legislation
Art. 37(1)(c) (Law 19)
Notification thresholds
Turnover threshold
Type of merger
Horizontal
Cooperation with sector regulators
  • ERSE - Regulatory Authority for Energy Services
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The notified concentration consists of the acquisition of sole control over Corner and Border by Finerge.
Timeline
2023-04-19
AdC issued a non-opposition decision to the merger 13/2023 - Finerge Alfama / Corner and Border.
2023-03-24
Finerge notifies the acquisition of exclusive control over Corner and Border.
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