Merger Alert: Greenstreet 1 (Pty) Ltd And Kouga Wind Farm (RF) (Pty) Ltd

 01 December 2023

 

The following Merger Alert is for information purposes only and is not binding on the Competition Tribunal or any member of the Tribunal

 

 

Type of matter

Parties involved

Tribunal Decision

Large merger

Greenstreet 1 (Pty) Ltd And Kouga Wind Farm (RF) (Pty) Ltd

Approved without conditions

 


Greenstreet 1 (Pty) Ltd And Kouga Wind Farm (RF) (Pty) Ltd

 

The Competition Tribunal has unconditionally approved the proposed merger whereby Greenstreet 1 (Pty) Ltd intends to increase its shareholding in Kouga Wind Farm (RF) (Pty) Ltd.

 

The acquiring group is involved in the provision of financial services. Of relevance to the proposed transaction are the activities of the acquiring group in relation to solar photovoltaic (“solar PV”) projects and wind farm projects for the supply of renewable energy.

 

The target firm is an independent renewable energy power producer that supplies renewable energy.  

 


 

Issued by:

Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
Cell: +27 (0) 82 410 1195
E-Mail: GillianD@comptrib.co.za
Twitter: @comptrib

 


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