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 cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:24 July 2025
- Publication date:24 July 2025
- Economic sector:Supply of electricity, gas & other - D
- Economic sub-sector:Energy & air conditioning supply - D.35
- Simplified merger:Yes
- Outcome:Cleared
Documents
M.25.043 Merger AnnouncementPDF | 136 KBM.25.043 Merger Announcement PDF | 136 KB - Opens in new window
M.25.043 DeterminationPDF | 276 KBM.25.043 Determination PDF | 276 KB - Opens in new window
Timetable
Parties Involved
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.
Contacts
Jack Kelly jackkelly@ccpc.ie
Aodhan Frain aodhanfrain@ccpc.ie
