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Electricity suppliers in first merger

Electricity suppliers in first merger
Image: globes

Super Power is acquiring its competitor Pazgaz Energy, reducing the number of players in the sector from seven to just six

— globes

Assessment

This first consolidation in the electricity supply market shrinks the field from seven to six players. Super Power's acquisition of Pazgaz Energy signals a maturing sector where scale becomes a competitive advantage. The deal likely pressures remaining smaller suppliers to seek partners or risk being squeezed out.

Read full article at globes →