ComCom releases preliminary issues statement for Contact’s proposed Manawa acquisition

The Commerce Commission has published a statement of preliminary issues relating to an application from Contact Energy Limited seeking clearance to acquire up to 100% of the shares in Manawa Energy Limited.

The statement outlines key competition issues the commission considers important in deciding whether or not to grant clearance to the proposed acquisition.

The commission invites interested parties to provide comments on the likely competitive effects of the proposed acquisition.

Submissions can be sent by email to registrar@comcom.govt.nz with the reference ‘Contact/Manawa’ in the subject line. Any submissions should be received by close of business on November 7, 2024.

The commission is due to make a decision on the application by November 26, 2024. However, this date may be extended as the investigation progresses, it says.

The Statement of Preliminary Issues and a public version of the application can be found on the commission’s case register.

Click here for more information from the Commerce Commission’s website.