M/10/026 – ESB / Northern Ireland Electricity plc
Transaction details
The Competition Authority today, 29 October 2010, cleared the proposed transaction whereby ESB would acquire NIE plc and its subsidiaries and certain other subsidiaries from Viridian Capital Limited and Virdiain Group Limited subject to commitments.
| Notification date | Decision date |
|---|---|
| Thursday August 5, 2010 | Friday, October 29, 2010 |
| Parties Involved | Business activities |
|---|---|
| Electricity Supply Board | ESB is active in the energy sector in Ireland and Northern Ireland. It is a vertically-integrated energy corporation with operations at all levels of the energy sector including power generation, electricity transmission, electricity distribution, and the retail supply of electricity |
| Northern Ireland Electricity plc | NIE owns the regulated electricity transmission and distribution systems, and operates the electricity distribution system in Northern Ireland. |
| Economic sector | Media merger |
|---|---|
| The transmission and distribution of electricity and the provision of electrical installation services. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Sunday, August 15, 2010 | |
| Date of Requirement for Information | Date Information Received |
|---|---|
| Wednesday, September 1, 2010 | Wednesday, September 1, 2010 |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Elisa Ryan | Tel: 01-804 5446, email: er@tca.ie |
Media enquiries: MKC Communications: 01 7038600
Haven’t found what you’re looking for?
Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555