Case details

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Merger control
Case reference
CCENT/2005/65 - EDP/CAIMA/EDP-BIOELÉCTRICA
Acquiring
Celulose do Caima, SGPS, S.A.
Description
a member of the Grupo Caima, a group exclusively owned by the recently established Altri SGPS SA, the successor to Cofina SGPS SA. Celulose do Caima´s activities are in the production of pulp for papermaking and, secondarily, the production of electric and thermal energy from biomass and other wastes, on a co-generation basis;
Acquiring
EDP - Energias de Portugal, S.A.
Description
Company active in the energy sector.
Acquired
EDP - Produção Bioeléctrica, S.A.
Description
a company 100%-owned by the undertaking EDP - Energias de Portugal SA, a holding of the EDP Group. EDP - Bioeléctrica´s corporate object is to promote, develop and manage electrical power plants and other facilities that produce and sell bioelectrical energy in Portugal, using waste and biomass sources, and to carry out studies and implement projects in this field.
Sector
  • Energy and Fuels
Activity (NACE)
  • D - Electricity, gas, steam, cold and hot water and cold air
Applicable legislation
Art. 9(1)(b) (Law 18)
Notification thresholds
Turnover
Type of merger
Horizontal
Cooperation with sector regulators
  • ERSE - Regulatory Authority for Energy Services
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Case description
Notified on 21 October 2005, the present merger consists of the acquisition by the undertaking Celulose do Caima SGPS SA (Celulose do Caima), from the undertakings EDP - Energias de Portugal SA (EDP), of joint control of the undertaking EDP - Produção Bioeléctrica SA (EDP - Bioeléctrica).
Timeline
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