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Europe Daily Bulletin No. 11243

31 January 2015
ECONOMY - FINANCE - BUSINESS / (ae) competition

30/01/2015 (Agence Europe) - Mergers: National Grid - Elia joint venture. On Friday 30 January, the European Commission gave the go-ahead to the creation of a joint venture, Nemo, in the UK, by the British transmission system operator, National Grid, and the Belgian transmission system operator, Belgium, Elia. Nemo will develop, construct and operate an electricity transmission interconnector between the United Kingdom and Belgium. The Commission concluded that the proposed transaction would...

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