10/02/2020 (Agence Europe) – On Monday 10 February, the European Commission authorised the acquisition of the Dutch group Eneco N.V. (Eneco) by the Japanese company Mitsubishi Corporation (‘MC’). Eneco is active in the generation and storage of electricity from sustainable resources, including wind, solar, hydro and bio-energy, the supply of electricity and gas to households and businesses and the provision of ancillary services. MC develops and operates businesses in a variety of sectors. MC, through its subsidiaries, is active in the development, construction and operation of wind farms, the generation and wholesale supply of electricity and electricity trading in the European Economic Area. The Commission concluded that the proposed acquisition would not give rise to any competition concerns given the companies’ moderate market positions and the limited overlap resulting from the proposed transaction. (LC)