Acquirer(s)
- AGL Energy Limited
Target(s)
- electricity privatisation assets of the New South Wales Government
Summary
The New South Wales Government proposed to privatise its electricity generation and retail assets, including generation development sites.AGL Energy ('AGL') is a participant in this process. The ACCC has decided not to oppose the proposed acquisition of certain privatisation assets, namely:
- Country Energy or Integral Energy; together with
- Eraring or Delta Coastal or Delta Western Gentrader bundles; together with
- one or more development sites.
Market definition
Please refer to the Public Competition Assessment.Competition analysis
Please refer to the Public Competition Assessment.Public competition assessment
| Document title | Date | |
|---|---|---|
| Public Competition Assessment |
Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. |
|
Closing date for submissions from interested parties. |
|
ACCC requested further information from the NSW Government regarding the privatisation assets. ACCC timeline suspended. |
|
ACCC received further information from the NSW Government. ACCC timeline recommenced. |
|
The New South Wales Government has advised that it is conducting further analysis of bids for the privatisation of electricity assets. The ACCC has therefore deferred its decision and will announce a new proposed date when further information regarding the final bids is received from the Government. |
|
ACCC received further information from the NSW Government. ACCC timeline recommenced. |
|
ACCC announced it would not oppose the potential acquisition of a number of asset combinations sought by AGL. |