In Romania, the LSG Group provides services in the field of electrical installations, including transformer stations and high-voltage electrical works, operation and maintenance of photovoltaic systems, as well as other operations and maintenance services.

The Green Source Group provides operation and management services for photovoltaic systems, is active in the field of electricity production and sale and is also engrossed in electricity storage activities.

The Core Value Group operates in the fields of electricity production and sale, and in electricity storage. In addition, the Core Value Group invests in residential projects and buildings.

LJG Green Source Energy Gamma S.R.L. is active in the field of electricity generation from solar energy. It operates a photovoltaic park with a capacity of 42.5 MW, located in the commune of Izvoarele, Giurgiu County.

Following its analysis, the Competition Council concluded that this operation does not pose significant obstacles to effective competition in the Romanian market or a substantial part of it and that there are no serious doubts regarding its compatibility with a normal competitive environment.

The decision will be published on the website of the national competition authority after the removal of confidential information.