#52026M12393EU merger notice for PPC and Metlen battery storage joint venture
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
PPC and Metlen plan to create a jointly controlled company that will operate battery electricity storage facilities in Bulgaria, Italy, and Romania. The European Commission has received the deal notification and says the case may qualify for its simplified merger review process. Businesses active in electricity generation, wholesale power, energy storage, or related markets may want to assess whether the joint venture could affect competition in their markets. Interested third parties have 10 days from publication to send comments to the Commission, citing case M.12393.
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Key Changes
- PPC and Metlen notified the European Commission of a planned jointly controlled battery storage joint venture.
- The joint venture would operate battery electricity storage facilities in Bulgaria, Italy, and Romania.
- Interested third parties may submit comments to the Commission within 10 days of publication.
Obligations
What this law requires
Interested third parties that submit observations on the proposed PPC/METLEN joint venture must ensure their observations reach the European Commission no later than 10 days after publication of the notice.
Any observations submitted to the European Commission must always specify the reference “M.12393 – PPC / METLEN / JV”.