MET Renewables gets regulatory approval to acquire Enel Green Power Bulgaria Photo: Enel Green Power / All rights reserved.
SOFIA (Bulgaria), January 18 (SeeNews) - Bulgaria s competition regulator said on Monday that it granted approval to MET Renewables Holding, part of Switzerland-based energy company MET Group, to acquire 100% of wind power company Enel Green Power Bulgaria from Italy s Enel Green Power.
Through the deal MET Renewables will acquire an indirect interest in Enel Green Power Bulgaria s 14 fully-owned subsidiaries which operate wind turbines with a total capacity of 42 MW, the Commission for Protection of Competition (CPC) said in its decision.
The notified transaction would not have anti-competitive effects as the parties to the deal do not have a dominant position or significant market power in any of the respective vertically connected markets, the CPC noted.