The European Commission has approved the acquisition of joint control of the Turkish company Rönesans Enerji Üretim ve Ticaret Anonim sirketi ('RNS Enerji'), by TotalEnergies and the Turkish holding company Rönesans Holding.

The Commission notes that RNS Enerji is active in the development and sale of power plants, the production and sale of electricity and the construction of charging stations in Turkey.

RNS Holding is active in construction, real estate, healthcare, energy and petrochemicals.

The Commission concluded that the proposed acquisition would not raise competition concerns, given its very limited impact on the European Economic Area.

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