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Case details

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Merger control
Case reference
CCENT/2005/16 - ENERNOVA/ORTIGA/SAFRA
Acquiring
Enernova - Novas Energias, S.A.
Description
established in 1993, the company is 100%-owned by the undertaking EDP - Energias de Portugal, S.A., which is mainly involved in the operation of wind farms and the sale of electrical power produced from wind energy;
Acquired
Ortiga, Energia Eólica, S.A
Description
the company was established in 2003 and has not yet commenced its business activities; its corporate object consists of the promotion, construction, maintenance and operation of the facilities necessary to produce electricity, using wind energy, and the promotion, construction, maintenance and operation of renewable energy production areas and facilities;
Acquired
Safra - Energia Eólica S.A.
Description
the company was established in 2002 and has not yet commenced its business activities; its principal corporate object is the operation of wind farms and the sale of energy.
Sector
  • Energy and Fuels
Activity (NACE)
  • D35 - Electricity, gas, steam, cold and hot water and cold air
Applicable legislation
Art. 9(1)(a) (Law 18)
Notification thresholds
Market share
Type of merger
Horizontal
Cooperation with sector regulators
  • ERSE - Regulatory Authority for Energy Services
Status
Closed
Type of Investigation
Phase 2 - In-depth investigation
AdC’s decision
Case description
Notified on 9 March 2005, the merger consists of the acquisition of sole control of the undertakings Ortiga, Energia Eólica, S.A. and Safra - Energia Eólica S.A. by the undertaking ENERNOVA - Novas Energias, S.A..
Timeline
2005-11-11
Competition Authority issues conditional approval for acquisition of sole control of Ortiga, Energia Eólica SA and Safra - Energia Eólica SA by ENERNOVA - Novas Energias SA.
2005-06-03
Phase I Decision
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