Decision Nº M/24/007 from Competition and Consumer Protection Commission, 2024-02-16

• Jurisdiction: Ireland
• Court: Competition and Consumer Protection Commission
• Decision Date: 16 February 2024
• Decision Number: M/24/007
• Date: 16 February 2024
• Parties: SSE Contracting Group Limited/SSE plc.,Enerveo Limited

Merger Notification No. M/24/007- SSE Contracting Group/Enerveo

MERGER ANNOUNCEMENT M/24/007 – SSE CONTRACTING

GROUP/ENERVEO

Section 21 of the Competition Act 2002

Competition and Consumer Protection Commission clears the proposed acquisition by

SSE Contracting Group Limited, an indirectly wholly owned subsidiary of SSE plc, of the

entire issued share capital of Enerveo Limited including its subsidiaries Enerveo Ireland

Limited and Pride (SERP) Limited.

16 February 2024

The Competition and Consumer Protection Commission has today cleared the proposed transaction

whereby SSE Contracting Group Limited, an indirectly wholly owned subsidiary of SSE plc, would

acquire the entire issued share capital of Enerveo Limited including its subsidiaries Enerveo Ireland

Limited and Pride (SERP) Limited. The proposed transaction was notified under the Competition Act

2002, as amended, on 1 February 2024.

The Commission has formed the view that the proposed transaction will not substantially lessen

competition in any market for goods or services in the State. The Commission will publish the reasons

for its determination on its website no later than 60 working days after the date of the determination

and after allowing the parties the opportunity to request that confidential information be removed

from the published version.

Additional Information

SSE plc is a Scottish energy company which develops, builds, operates and invests in low-carbon

electricity infrastructure and is listed o n the London Stock exchange. In the State, SSE plc is active in

electricity generation; the wholesale and retail supply of gas; the retail supply of electricity; solar

energy services; and other energy services such as gas boiler repair services and gas boiler

replacement financing. SSE Contracting Group Limited is a holding company and an indirectly wholly

owned subsidiary of SSE.

Enerveo Limited provides specialist mechanical and electrical engineering services in the State and the

United Kingdom. These services primarily consist of high, medium, and low voltage street lighting

services, with small volumes of electric vehicle charging installations and smart city technology

services.