M/20/005 - ESB/Coillte (JV) [2021] IECompA m20005 (5 February 2021)

M/20/005 - ESB/Coillte (JV) [2021] IECompA m20005 (5 February 2021)

The transaction was cleared as the commitments provided by the parties were sufficient to address any potential competition concerns arising from the joint venture in the renewable energy sector.

Parties
Applicant: The Electricity Supply Board; Applicant: Coillte Cuideachta Ghníomhaíochta Ainmnithe; Decision Maker: Competition and Consumer Protection Commission
Jurisdiction
Ireland
Judgment Date
05 February 2021
Procedural Posture
Merger Control / Phase 2 Clearance
Outcome
cleared with commitments
Legal Topics
Merger Control, Joint Venture, Renewable Energy, Legally Binding Commitments

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Parties

The Electricity Supply Board

Applicant

Coillte Cuideachta Ghníomhaíochta Ainmnithe

Applicant

Competition and Consumer Protection Commission

Decision Maker

Procedural Posture

Merger Control / Phase 2 Clearance

  1. 1 Whether the proposed joint venture between ESB and Coillte complies with Irish merger control regulations
  2. 2 Whether the transaction raises competition concerns in the energy and forestry sectors

Ratio Decidendi

The transaction was cleared as the commitments provided by the parties were sufficient to address any potential competition concerns arising from the joint venture in the renewable energy sector.

Court Disposition

cleared with commitments

Orders

  • Transaction cleared subject to legally binding commitments