MET Renewables secures antitrust clearance for Eolica Bulgaria acquisition
The subsidiary of Swiss energy group MET, MET Renewables Holding, has secured approval from the Bulgarian antitrust authority for its plan to acquire Eolica Bulgaria.
Commission for Protection of Competition (CPC) has approved the acquisition noting that the transaction could not lead to the strengthening of a dominant position on the local market. Eolica Bulgaria is a Spanish joint-stock company is registered in Bulgaria in 2004 and is involved in the fields of research, construction, and exploitation of renewable energy sources. The company developed and owned the 60 MW wind farm project located in Suvorovo.
Any interested parties can challenge the decision of CPC before Sofia Region Administrative Court by November 5, 2021.
Country updates
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August 04, 2021
MET Group signs deal to acquire 60 MW Suvorovo wind project
Swiss-based energy company MET Group has signed a share purchase agreement with Spanish Grupo Enhol for a 60 MW wind park in Bulgaria. MET Group signed a share purchase agreement to acquire a 60 MW S...
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March 03, 2021
Enery Development to build 200 MW solar photovoltaic project in Chirpan
Enery Development, an Austrian renewable energy developer, is set to build a 200 MW solar photovoltaic project near the town of Chirpan in Bulgaria. The project will be built on about 140 hecta...
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February 10, 2021
MET Group finalizes acquisition of 42 MW wind project in Kavarna
MET Group has completed the acquisition of a 100% stake in Enel Green Power Bulgaria EAD, which owns a 42-megawatt wind park in Bulgaria. The 42 MW wind park located in North-eastern Bulgaria is now...
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November 27, 2020
MET Renewables submitted request for acquisition of Enel Green Power Bulgaria
Swiss-based MET Renewables has submitted a request to the Bulgarian Commission for the Protection of Competition (CPC) for the approval of its acquisition of 100% capital of Enel Green Power Bulgaria....
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October 19, 2020
MET Group to acquire 42 MW wind project from EGP
Swiss-based European energy company MET Group has acquired a 100% stake in a 42-megawatt wind park in Bulgaria, after signing a share purchase agreement with Italian Enel Green Power. The transaction...
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