Merger Notification - Announcement according to § 10 Cartel Act
Abu Dhabi National Energy Company – P.J.S.C.; Abu Dhabi Future Energy Company, PJSC
BWB/Z-6017
On 21.07.2022 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Abu Dhabi National Energy Company – P.J.S.C., Abu Dhabi, UAE, intends to acquire 43% of the shares in and sole control over Abu Dhabi Future Energy Company, Abu
Dhabi, UAE, which is currently wholly owned by Mamoura Diversified Global Holding PJSC, Abu Dhabi, UAE.
Field of business concerned: renewable energy projects
Industry sector: D - Energieversorgung
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.08.2022.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 19.08.2022 .