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.