# C_2023342EN.01001301.xml

| 28.9.2023 | EN | Official Journal of the European Union | C 342/13 |
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28.9.2023

EN

Official Journal of the European Union

C 342/13

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Prior notification of a concentration

(Case M.11276 – SWISS LIFE / SGC / EAST LONDON ENERGY / EQUANS DE HOLDING COMPANY / IESL ASSETS / JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2023/C 342/09)

1.

This notification concerns the following undertakings:

| — | Swiss Life Holding AG (‘Swiss Life’, Switzerland), |
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Swiss Life Holding AG (‘Swiss Life’, Switzerland),

| — | Schroders Greencoat LLP (‘SGC’, United Kingdom), |
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Schroders Greencoat LLP (‘SGC’, United Kingdom),

| — | East London Energy Limited (‘East London Energy’, United Kingdom), |
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East London Energy Limited (‘East London Energy’, United Kingdom),

| — | Equans DE Holding Company Limited (‘Equans DE’, United Kingdom), |
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Equans DE Holding Company Limited (‘Equans DE’, United Kingdom),

| — | Assets from Industrial Energy Services Limited (‘IESL Assets’, United Kingdom). |
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Assets from Industrial Energy Services Limited (‘IESL Assets’, United Kingdom).

Swiss Life and SGC will acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of East London Energy, Equans DE and the IESL Assets.

The concentration is accomplished by way of purchase of shares.

2.

| — | Swiss Life is active in the life insurance sector and the investment and asset management segment, |
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Swiss Life is active in the life insurance sector and the investment and asset management segment,

| — | SGC is a specialist asset manager focused on the renewable energy infrastructure sector, including bioenergy, renewable heat, solar and wind, |
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SGC is a specialist asset manager focused on the renewable energy infrastructure sector, including bioenergy, renewable heat, solar and wind,

| — | East London Energy and Equans DE are end-to-end service providers in the district heating and cooling sector, focused on delivering low-carbon solutions, in various cities in the United Kingdom, |
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East London Energy and Equans DE are end-to-end service providers in the district heating and cooling sector, focused on delivering low-carbon solutions, in various cities in the United Kingdom,

| — | IESL Assets operates and maintains energy assets for Equans DE customers. |
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IESL Assets operates and maintains energy assets for Equans DE customers.

3.

Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4.

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

M.11276 – SWISS LIFE / SGC / EAST LONDON ENERGY / EQUANS DE HOLDING COMPANY / IESL ASSETS / 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’).

1

(2)  
  OJ C 160, 5.5.2023, p. 1.

2

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