M/23/054 – Greenvolt / Enerpower & Sustainable Power Purchase Solutions
Transaction details
The proposed acquisition by Greenvolt Next Holdings S.A of sole control of Bioenergy Power Systems Limited (trading as Enerpower) and Sustainable Power Purchase Solutions Limited has been cleared by the Competition and Consumer Protection Commission.
Notification date | Decision date |
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Tuesday October 24, 2023 | Monday, November 13, 2023 |
Parties Involved | Business activities |
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Greenvolt Next Holding S.A | Greenvolt Next Holding S.A is involved in the distributed generation sector specifically in the installation of solar photovoltaic (PV) panels and the provision of operational and maintenance services in relation to solar PV panels. |
Bioenergy Power Systems Limited | Bioenergy Power Systems Limited is primarily involved in the installation of sustainable energy solutions including solar PV panels, heat pumps, wind turbines and biomass boilers. |
Sustainable Power Purchase Solutions Limited | Sustainable Power Purchase Solutions Limited currently does not supply any goods or services in the State or any other jurisdiction. Sustainable Power Purchase Solutions Limited seeks to construct and own solar PV projects and sell the electricity to customers in the commercial and industrial sector in Ireland. |
Economic sector | Media merger |
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Sustainable Energy Solutions | No |
Submissions from third parties due by: | |
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Phase 1 | Phase 2 |
Thursday, November 9, 2023 |
Current status: Completed |
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Cleared (Phase 1) |
Authorised Officer Assigned | Contact Details |
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Éadaoin Burns | eadaoinburns@ccpc.ie |
Media enquiries: communications@ccpc.ie