Brussels, 05/12/2007 (Agence Europe) - On Wednesday 5 December, the European Commission announced that the most recent conditions imposed by the Spanish authorities on Enel and Acciona for their acquisition of the electricity company Endesa, are incompatible with EC law and requested their withdrawal by 10 January 2008.
Enel Energy Europe S.r.l. (Italy) and Acciona S.A.'s draft acquisition was approved by the National Energy Commission ("CNE") in its decision of 4 July 2007, in exchange for...