The European Commission has approved the proposed purchase of Belpex by the energy exchange APX-Endex.
APX-Endex operates spot and futures markets for electricity
and gas in Belgium, the Netherlands and the UK. Belpex runs an
electricity market in Belgium.
Under the transaction, APX will acquire
Belpex’s activities. APX is jointly controlled by
Tennet, Gasunie and Fluxys, the distribution grids for Dutch
electricity, Dutch gas and Belgian gas. After the merger
Belgian electricity grid Elia, which controls Belpex, will have
joint control over the new entity alongside the existing