The deal, announced on 17 April, creates a power exchange covering seven Western European countries. EPEX SPOT - itself created from the merger of the French exchange Powernext and Germany's EEX (also present in Austria and Switzerland) - bought 100% of APX Group, the power market for the Netherlands, Belgium and the United Kingdom. The financial details of the deal were not made public.
APX, based in Amsterdam, was the first power exchange set up after markets were liberalised in…