Press Release: Mergers: Commission approves proposed joint venture related to allocation of power transmission capacities on borders between Belgium, France, Germany, Luxembourg and the Netherlands

The European Commission approved under the EU Merger Regulation the creation of a joint venture, to be named Capacity Allocation Service Company for Central Western Europe ('CASC') by CEGEDEL Net S.A. of Luxemburg, ELIA System Operator SA/NV of Belgium, EnBW Transportnetze AG of Germany, E.ON Netz GmbH of Germany, RTE EDF Transport SA of France, RWE Transportnetz Strom GmbH of Germany and TenneT TSO BV of Netherlands. All parties are electricity transmission system operators, responsible for the operation of the high voltage transmission grids in their respective control area. After examining the operation, the Commission concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.