Merger Alert: Greenstreet 1 (Pty) Ltd And Kouga Wind Farm (RF) (Pty) Ltd
Qaphela
Lesi Isaziso Sokuhlanganisa esilandelayo senzelwe izinjongo zolwazi kuphela futhi asibophezeli ku-Competition Tribunal nanoma yiliphi ilungu le-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.
Uhlobo lwendaba
Large merger
Amaqembu ahilelekile
Greenstreet 1 (Pty) Ltd And Kouga Wind Farm (RF) (Pty) Ltd
Isinqumo Senkantolo
Approved without conditions
Kukhishwe ngu
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.
