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ESB/Coillte (JV)

M/20/005

Completed

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.
Case details
  • Notification date:12 February 2020
  • Publication date:12 February 2020
  • Economic sector:Agriculture, forestry & fishing - A
  • Economic sub-sector:Forestry & logging - A.02
  • Request for information:Yes
  • Outcome:Cleared with proposals
Documents
M.20.005 Phase 1 Merger AnnouncementPDF | 246 KB
M.20.005 Phase 1 DeterminationPDF | 438 KB
M.20.005 Phase 2 Merger AnnouncementPDF | 242 KB
M.20.005 Phase 2 DeterminationPDF | 2089 KB
Timetable

Phase One

  • Wednesday, 12 February, 2020 Notification received
  • Tuesday, 25 February, 2020 Third party submission deadline
  • Tuesday, 24 March, 2020 Further information required
  • Friday, 9 October, 2020 Further information received
  • Tuesday, 17 November, 2020 Proposals received
  • Thursday, 10 December, 2020 Determination issued

Phase Two

  • Thursday, 10 December, 2020 Phase 2 begins
  • Thursday, 31 December, 2020 Third party submission deadline
  • Monday, 31 December, 2020 Proposals received
  • Friday, 5 February, 2021 Phase 2 determination issued
Parties Involved

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.

Contacts
Barry O'Donnell barryodonnell@ccpc.ie
Craig Whelan craigwhelan@ccpc.ie
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