Merger Alert: Greenstreet 1 (Pty) Ltd And Kouga Wind Farm (RF) (Pty) Ltd
Notice
The following Merger Alert is for information purposes only and is not binding on the Competition Tribunal or any member of the Tribunal
Lead Text
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.
Type of matter
Large merger
Parties involved
Greenstreet 1 (Pty) Ltd And Kouga Wind Farm (RF) (Pty) Ltd
Tribunal Decision
Approved without conditions
Issued By
Gillian de Gouveia, Communications Manager
On behalf of the Competition Tribunal of South Africa
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.
