AdC Approves Merger Between Finerge and Multiple Wind Energy Companies
The Portuguese Competition Authority (AdC) has given the green light to the merger between Finerge and several wind energy companies.
26.05.2024 | Portuguese competition authority
The AdC has approved the merger between Finerge and Eólica da Arada, Eólica da Cabreira, Eólica de Montemuro, and Windminho, stating that the operation does not raise concerns about competition in the national market. The decision was made based on the assessment that the merger would not significantly impede effective competition. The approval was granted under the Competition Law, indicating that the merger is unlikely to create substantial obstacles to competition in Portugal's wind energy sector.