SSE/Airtricity [2008] IECompA m08001 (9 January 2008)

SSE/Airtricity [2008] IECompA m08001 (9 January 2008)

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Parties
Acquirer: Scottish and Southern Energy plc; Target: Airtricity Holdings Limited; Third Party: Irish Life Assurance plc; Third Party: The First National Building Society
Jurisdiction
Ireland
Judgment Date
09 January 2008
Procedural Posture
Merger Notification / Phase 1 Clearance
Outcome
Cleared
Legal Topics
Merger Control, Electricity Generation and Supply

Case Brief

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Parties

Scottish and Southern Energy plc

Acquirer

Airtricity Holdings Limited

Target

Irish Life Assurance plc

Third Party

The First National Building Society

Third Party

Procedural Posture

Merger Notification / Phase 1 Clearance

  1. 1 Whether the proposed acquisition would substantially lessen competition in the market for electricity generation and supply in Ireland

Ratio Decidendi

The proposed acquisition does not raise competition concerns and is cleared under Phase 1 review.

Court Disposition

Cleared

Orders

  • The proposed acquisition by Scottish and Southern Energy plc of Airtricity Holdings Limited is approved.