# C_2023344EN.01022701.xml

| 29.9.2023 | EN | Official Journal of the European Union | C 344/227 |
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29.9.2023

EN

Official Journal of the European Union

C 344/227

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Prior notification of a concentration

(Case M.11128 – IBERDROLA / BP / JV)

(Text with EEA relevance)

(2023/C 344/18)

1.

This notification concerns the following undertakings:

| — | Iberdrola Clientes, S.A.U (Spain) and Iberdrola Clientes Portugal, Unipessoal, Lda (Portugal), controlled by Iberdrola, S.A. (‘Iberdrola’, Spain), |
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Iberdrola Clientes, S.A.U (Spain) and Iberdrola Clientes Portugal, Unipessoal, Lda (Portugal), controlled by Iberdrola, S.A. (‘Iberdrola’, Spain),

| — | BP Energía España, S.A.U. (Spain) and BP Portugal, Comércio de Combustíveis e Lubrificantes, S.A. (Portugal), controlled by BP, p.l.c. (‘BP’, UK). |
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BP Energía España, S.A.U. (Spain) and BP Portugal, Comércio de Combustíveis e Lubrificantes, S.A. (Portugal), controlled by BP, p.l.c. (‘BP’, UK).

Iberdrola and BP will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a full-function joint venture newly incorporated in Spain (the ‘JV’).

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.

| — | for Iberdrola: a global integrated energy company active in the energy sector throughout its entire value chain, with a particular focus on the integration, commercialisation and distribution of renewable energy, |
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for Iberdrola: a global integrated energy company active in the energy sector throughout its entire value chain, with a particular focus on the integration, commercialisation and distribution of renewable energy,

| — | for BP: an integrated company with operations in Europe, North and South America, Australia, Asia and Africa, focused around four business groups: (i) production and operations of hydrocarbons (oil and gas); (ii) customers and products; (iii) gas and low carbon energy (including renewables and integrated gas); and (iv) innovation and engineering for driving digital transformation. |
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for BP: an integrated company with operations in Europe, North and South America, Australia, Asia and Africa, focused around four business groups: (i) production and operations of hydrocarbons (oil and gas); (ii) customers and products; (iii) gas and low carbon energy (including renewables and integrated gas); and (iv) innovation and engineering for driving digital transformation.

3.

The business activities of the JV will be the installation, operation and maintenance of a public network of electric vehicle (‘EV’) charging stations with charging speeds in excess of 50 kW in Spain and Portugal.

4.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

5.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.11128 – IBERDROLA / BP / JV

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: mailto:COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

| European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  
  OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

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