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AAP
AAP
Derek Rose

Competition watchdog authorises $19 billion Origin deal

Origin Brookfield ACCC Origin Energy Gina CassGottlieb AusNet Australia Renewable Energy
The competition watchdog has OK'd the acquisition of Origin Energy by a private equity consortium. (Dan Peled/AAP PHOTOS)

The competition watchdog has signed off on a private equity buyout of Australia's largest energy retailer - an important milestone for the $18.7 billion deal but not its only hurdle.

The Australian Competition and Consumer Commission announced Tuesday it would not stand in the way of Origin Energy's acquisition by private equity giants Brookfield and EIG Partners.

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