The Competition Commission, in its meeting on 25.012024, considered 2 concentration notifications.
- Concentration obtained through the acquisition of control of the company ILI (Highlands PSH) Limited from the company Statkraft UK Ltd.
- Concentration obtained through the acquisition of joint control in the company MidOcean Holdings II L.P. and indirectly in the company MidOcean Energy, LLC from the companies Aramco Overseas Company B.V and EIG Management Company, LLC..
The concentrations will not create overlaps or upstream or downstream relationships between the activities of the parties at the national level and as result, the intended transaction will not bring change and will not have an impact on the Albanian market.
For these reasons, the Competition Commission by Decision no. 1050, dated 25.01.2024, decided to authorize the concentration obtained through the acquisition of control of the company ILI (Highlands PSH) Limited from the company Statkraft UK Ltd. and by Decision no. 1051, dated 25.01.2024, decided to authorize the concentration obtained through the acquisition of joint control in the company MidOcean Holdings II L.P. and indirectly in the company MidOcean Energy, LLC from the companies Aramco Overseas Company B.V and EIG Management Company, LLC.
Furthermore, please consult the official page of the Competition Authority at http://caa.gov.al