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

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