Press Release: Mergers: Commission approves acquisition of joint control of Ansaldo Energia by First Reserve Fund and Finmeccanica

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control by a subsidiary of First Reserve Fund XII LP and by Finmeccanica S.p.A. of Ansaldo Energia of Italy. Ansaldo Energia is currently solely controlled by Finmeccanica S.p.A. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.