Brussels, 12 March 2025
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of JERA Power Trading (‘POWERCO’) by JERA, both of Japan, and EDF Trading Limited (‘EDFT’) of the UK.
The transaction relates primarily to the wholesale electricity market in Japan.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11915.