SPANISH WIND ENERGY MERGER OKAYED.

Europe Environment, December, 2008

The European Commission authorised, on 4 December, the acquisition of Gamesa Energia's businesses for the promotion and development of wind farms in continental Europe, UK, Mexico and the Dominican Republic by Iberdrola Renovables, a Spanish energy company. The EU executive noted that the horizontal overlap in the parties' activities on the Spanish market for the generation and wholesale distribution of electricity was limited.

There will not be any overlap in the wind farm sector since Iberdrola Renovables is not present on this ...