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Europe Daily Bulletin No. 8223

1 June 2002
Contents Publication in full By article 20 / 42
GENERAL NEWS / (eu) eu/competition
Commission clears Synergen venture between ESB and Statoil with conditions

Brussels, 31/05/2002 (Agence Europe) - The European Commission has authorised the agreements relating to the joint venture Synergen, a power plant located in Dublin, concluded between the main Irish electricity company ESB and the Norwegian gas company, Statoil. In July 2000, ESB and Statoil notified four agreements concerning the construction and operation of the Synergen power plant in which ESB would hold a 70% stake and Statoil the remaining 30%. After the first "partnership deed", a...

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