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Europe Daily Bulletin No. 8215

22 May 2002
Contents Publication in full By article 22 / 32
GENERAL NEWS / (eu) eu/competition
Green light to Innogy acquisition by RWE (electricity)

Brussels, 21/05/2002 (Agence Europe) - The Commission authorised the German group RWE AG to acquire Innogy Holdings Plc, one of the largest electricity producing companies and the largest distributor in the United Kingdom, with 4.7 million customers and an operational capacity of 8719 MW. RWE is active in this market, but its presence is limited. On its side, Innogy, also present in the gas sector (1.9 million clients), operates in Germany, but RWE is faced with stiff competition in its...

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