M/20/005 – ESB/Coillte (JV)
Transaction details
The proposed transaction whereby a joint venture by The Electricity Supply Board and Coillte Cuideachta Ghníomhaíochta Ainmnithe will be created for purposes of developing and constructing renewable energy generation facilities has been cleared by the Competition and Consumer Protection Commission subject to a number of legally binding commitments.
| Notification date | Decision date |
|---|---|
| Wednesday February 12, 2020 | Friday, February 5, 2021 |
| Parties Involved | Business activities |
|---|---|
| The Electricity Supply Board | ESB is an Irish utility, majority owned by the Government of Ireland through the Minister for Public Expenditure and Reform and the Minister for Communications, Climate Action and Environment. ESB is active in the energy sector. It has activities at all levels of the electricity sector including generation, transmission, distribution and supply. |
| Coillte Cuideachta Ghníomhaíochta Ainmnithe | Coillte is a commercial semi-State company, which is majority owned by the Minister for Public Expenditure and Reform along with a small shareholding by the Minister for Agriculture, Food and the Marine. Coillte's core business is commercial forestry and associated forestry management and forest activities. It is also engaged in the manufacturing and sale of wood panel products through its Medite and Smartply brands. Coillte is also involved in the purchase, sale, and leasing of land. |
| Economic sector | Media merger |
|---|---|
| Energy and Utilities | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, February 25, 2020 | Thursday, December 31, 2020 |
| Date of Requirement for Information | Date Information Received |
|---|---|
| Tuesday, March 24, 2020 | Friday, October 9, 2020 |
| Current status: Completed |
|---|
| Cleared (Phase 2) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Phone: + 353 1 470 3696 |
| Craig Whelan | Phone: +353 1 402 5504 |
Media enquiries: communications@ccpc.ie
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