Merger Notification - Announcement according to § 10 Cartel Act
KELAG-Kärntner Elektrizitäts-Aktiengesellschaft; brandpower Group
BWB/Z-6247
On 14.04.2023 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
KELAG-Kärntner Elektrizitäts- Aktiengesellschaft plans to acquire the entire shares of brandpower S1 GmbH and brandpower S2 GmbH from ECOWIND Handels- & Wartungs-
GmbH by way of a share deal. KELAG will thereby acquire sole control over brandpower S1 GmbH and brandpower S2 GmbH.
The proposed concentration concerns the operation of wind park for the generation of electricity.
Economic sector(s) concerned: Energy industry, electricity supply, electricity generation
Industry sector: D - Energieversorgung
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 12.05.2023.
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 13.05.2023 .