Engie: EU approves First Hydro Company acquisition
(CercleFinance.com) - The European Commission has approved the acquisition of joint control of UK-based First Hydro Company (together with its controlling entities, 'FHH') by Canada-based Caisse de dépôt et placement du Québec ('CDPQ') and France-based ENGIE.
The transaction mainly concerns electricity generation in the UK.
The Commission concluded that the proposed concentration would not raise competition concerns, given the limited impact on the European Economic Area.
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The transaction mainly concerns electricity generation in the UK.
The Commission concluded that the proposed concentration would not raise competition concerns, given the limited impact on the European Economic Area.
Copyright (c) 2024 CercleFinance.com. All rights reserved.