ComCom clears Contact's $1.86b Manawa buy
Regulator says after initial concerns it was satisfied the transaction would not lessen competition.
Manawa Energy owns 25 small hydro schemes across the country.
The Commerce Commission has cleared Contact Energy’s $1.86 billion proposed acquisition of hydro generator Manawa, saying it did not believe the deal would increase prices for consumers.
The competition regulator has been considering the deal since September last year and initially had concerns,
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