# The Competition Commission has recommended that the Competition Tribunal approve, with conditions, Emerging Markets Infrastructure Fund Two’s proposed acquisition of Mainstream Renewable Power South Africa. EMIF Two develops and operates distributed solar solutions, while Mainstream focuses on utility-scale renewable energy projects, including solar and wind. The Commission says the transaction is unlikely to substantially reduce competition. However, EMIF Two will be required to implement a transaction benefiting historically disadvantaged persons in one of Mainstream’s South African subsidiaries within a specified period.
Competition Commission recommends approval of mainstream acquisitions in renewable energy sector