# C_2022262EN.01001701.xml

| 7.7.2022 | EN | Official Journal of the European Union | C 262/17 |
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7.7.2022

EN

Official Journal of the European Union

C 262/17

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Prior notification of a concentration

(Case M.10742 – HARTREE / CATL / CFC / JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2022/C 262/11)

1.

This notification concerns the following undertakings:

| — | Hartree Partners Singapore Pte. Limited (‘Hartree’, Singapore), a wholly-owned subsidiary of Hartree Partners, LP, ultimately controlled by Brookfield (Ontario, Canada) and Oaktree (California, U.S.), |
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Hartree Partners Singapore Pte. Limited (‘Hartree’, Singapore), a wholly-owned subsidiary of Hartree Partners, LP, ultimately controlled by Brookfield (Ontario, Canada) and Oaktree (California, U.S.),

| — | Contemporary Amperex Technology Co. Ltd. (‘CATL’, PR China), |
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Contemporary Amperex Technology Co. Ltd. (‘CATL’, PR China),

| — | Cathay Fortune Corporation (‘CFC’, PR China). |
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Cathay Fortune Corporation (‘CFC’, PR China).

Hartree, CATL and CFC will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of a newly created joint venture.

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

2.

| — | Hartree is a global merchant commodities firm specializing in energy, commodities and financial markets, including energy, metals, renewable energy, and securities. |
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Hartree is a global merchant commodities firm specializing in energy, commodities and financial markets, including energy, metals, renewable energy, and securities.

| — | CATL is active in batteries manufacturing with a focus on developing, producing and marketing large sized re-chargeable power lithium-ion batteries used for vehicles and energy storage systems. |
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CATL is active in batteries manufacturing with a focus on developing, producing and marketing large sized re-chargeable power lithium-ion batteries used for vehicles and energy storage systems.

| — | CFC is an equity investment firm investing mainly in minerals, new energy and new materials worldwide. |
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CFC is an equity investment firm investing mainly in minerals, new energy and new materials worldwide.

3.

The Joint Venture will be active in the development and operation of energy storage power stations in countries such as Australia, China, India, Japan, the United Kingdom, the United States and in the European Union. The initial countries in which the Joint Venture plans to develop projects include Australia, India, Japan and the United Kingdom.

4.

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.

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.10742 – HARTREE / CATL / CFC / JV

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

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

Fax +32 22964301

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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(2)  OJ C 366, 14.12.2013, p. 5.

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