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Ellex Raidla Successful for Enefit Green in Defense of Merger Clearance

Ellex Raidla Successful for Enefit Green in Defense of Merger Clearance

Estonia
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Ellex Raidla has successfully represented Enefit Green in a dispute over competition clearance the company received for its 2018 merger with Nelja Energia AS.

Enefit Green AS is a fully-owned subsidiary of Eesti Energia AS. According to Ellex Raidla, the November 6, 2018 endorsement of Enefit Green's merger with Nelia Energia by Estonia's Competition Authority was contested by Eleon AS, AS Eesti Elekter, Eurowind OU, Vaivara Tuulepark OU, Roheline Elekter AS, Aidu Tuulepark OU, Audru Tuulepark OU, and OU Estwind Energy.

According to Ellex, "the Tallinn Administrative Court on July 17 upheld the stance of the Competition Authority, dismissed the application of the appellants, and left the decision of the Competition Authority unchanged.

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