Press Release: Commission authorises EDP acquisition of sole control over Hidrocantábrico

Author (Corporate)
Series Title
Series Details IP/04/1092 (9.9.04)
Publication Date 09/09/2004
Content Type

The European Commission has authorised the planned acquisition of sole control of Spain's utility company Hidroeléctrica del Cantábrico (Hidrocantábrico) by Portuguese electricity company EDP-Electricidade de Portugal S.A. (EDP). Hidrocantábrico is presently controlled by EDP together with EnBW, a subsidiary of EDF, and CajAstur. The operation does not give rise to any competition concerns given that it is a change from joint to sole control and EDP/Hidrocantábrico face competition from other big players in Spain, 9 September 2004.
Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/04/1092&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
http://www.h-c.es/index.asp http://www.h-c.es/index.asp
EDP - Elictricidade de Portugal: Homepage http://www.edp.pt/en/Pages/homepage.aspx
European Commission: Press Release: IP/01/1320 http://europa.eu/rapid/pressReleasesAction.do?reference=IP/01/1320&format=HTML&rapid=0&language=EN&guiLanguage=en
European Commission: Press Release: IP/02/438 http://europa.eu/rapid/pressReleasesAction.do?reference=IP/02/438&format=HTML&rapid=0&language=EN&guiLanguage=en
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