# Mitsubishi Corporation and Chubu Electric Power acquire Eneco

A consortium of Mitsubishi Corporation and Chubu Electric Power completed the acquisition of all shares of Dutch energy company Eneco from its 44 municipal shareholders, with regulatory approvals from Dutch, Belgian, German and EU authorities.

- Type: Acquisition
- Announced: 2020-03-25
- Where: Rotterdam, Netherlands
- Value: $4.50B (4.10B EUR)
- Status: completed
- Products: energy supply, renewable energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Eneco](https://endata.com/companies/574.md) (target)
- [Mitsubishi Corporation](https://endata.com/companies/575.md) (acquirer)
- [Chubu Electric Power](https://endata.com/companies/30199.md) (acquirer)

## Sources

- [nieuws.eneco.nl](https://nieuws.eneco.nl/acquisitie-van-eneco-door-consortium-van-mitsubishi-corporation-en-chubu-electric-power-afgerond/), 2020-03-25: "De aandeelhouderscommissie, Eneco Groep N.V. en het consortium van Mitsubishi Corporation en Chubu Electric Power laten weten dat de overname van de aandelen van Eneco door het Consortium vandaag is afgerond."
- [reuters.com](https://www.reuters.com/article/business/japans-mitsubishi-chubu-elec-completes-45-billion-purchase-of-eneco-idUSKBN21C1NO/), 2020-03-25: "Japanese trading house Mitsubishi Corp and Chubu Electric Power said on Wednesday that they have completed a 4.1 billion euro ($4.5 billion) acquisition of Dutch energy firm Eneco on March 24."
- [power-technology.com](https://www.power-technology.com/news/japanese-consortium-acquires-dutch-energy-company-eneco/), 2020-03-26: "The consortium intends to expand Eneco internationally while it becomes the European base for Mitsubishi’s energy activities."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.