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Canadian investment in Spain authorized

Canadá, España, inversión, autorización

Canadian investment in Spain authorized

Brussels, Jan 14 (Prensa Latina) The European Commission (EC) authorized today the entrance of the Canadian investment group Brookfield in the Spanish photovoltaic planel company Kishoa (Powen). That approval was justified considering that the operation will not have a negative effect on the European economic space.
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The photovoltaic energy society, controled by the Acek holding company and the Bunjemea family, according to a statement issued by the EC Executive, offers solar electricity self-generation solutions to both companies and individuals.

The Ec considers that the operation does not raise competition concerns because the market spaces to be shared at the individual or combined level of the companies involved are minimal.

The examination, notified to the EC on December 13 was carried out under the simplified procedure that is apllied to less problematic cases, they explained.

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