M/25/043 – Macquarie/Erova Energy

Transaction details

The proposed acquisition by Macquarie Group Limited, through Macquarie UK Holdings No. 2 Limited, of sole control of Erova Energy Limited has been notified to the Competition and Consumer Protection Commission.

Notification date Decision date
Friday July 25, 2025
Parties Involved Business activities
Macquarie Group Limited

Macquarie Group is a diversified financial services company, which provides asset management and finance, banking, advisory and risk, and capital solutions across debt, equity and commodities.

Macquarie UK Holdings No. 2 Limited

Macquarie UK Holdings No. 2 Limited is a private limited company registered in the United Kingdom. Macquarie UK Holdings No. 2 Limited is an indirectly wholly owned subsidiary of Macquarie Group Limited.

Erova Energy Limited

Erova Energy Limited is active in the trading of electricity in the UK and Ireland. Erova provides risk transfer services to energy generators in relation to the management of their power
offtake. Erova is also active in the retail supply of electricity, though its current activities in
the State are limited to a small number of electricity supply contracts with large industrial
customers.

Economic sector Media merger
Energy & Utilities No
Submissions from third parties due by:
Phase 1 Phase 2
Friday, August 8, 2025
Current status: Active
Simplified Merger Notification
Authorised Officer Assigned Contact Details
Jack Kelly

jackkelly@ccpc.ie

Aodhán Frain

aodhanfrain@ccpc.ie

Media enquiries: communications@ccpc.ie

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