# C_2015276EN.01000301.xml

| 21.8.2015 | EN | Official Journal of the European Union | C 276/3 |
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21.8.2015

EN

Official Journal of the European Union

C 276/3

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Prior notification of a concentration

(Case M.7633 — KIA/GNF/GPG)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 276/03)

| 1. | On 13 August 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Kuwait Investment Authority (‘KIA’) (Kuwait) via its wholly owned subsidiary Wren House Infrastructure Management Ltd. (‘Wren House’) (UK) and Gas Natural SDG, SA (‘GNF’) (Spain) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Global Power Generation S.A.U. (formerly named Gas Natural Electricidad SDG, S.A.U. (‘GPG’)) (Spain) by way of purchase of shares. |
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1.

On 13 August 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Kuwait Investment Authority (‘KIA’) (Kuwait) via its wholly owned subsidiary Wren House Infrastructure Management Ltd. (‘Wren House’) (UK) and Gas Natural SDG, SA (‘GNF’) (Spain) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Global Power Generation S.A.U. (formerly named Gas Natural Electricidad SDG, S.A.U. (‘GPG’)) (Spain) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for the KIA: KIA manages certain sovereign wealth funds for and on behalf of the State of Kuwait, such management includes investment in infrastructure amongst other asset classes,
  —   for GNF: is a holding company of a leading group of companies involved in the generation and distribution of electric power and the distribution and trading of natural gas, both in Spain and internationally,
  —   for GPG: GPG owns and operates various power generation infrastructure and associated facilities based on coal, gas, hydro, wind, solar and thermo technologies. GPG also provides engineering and O&M services (including auxiliary facility support services) to both GNF’s group-controlled and third-party-operated power generation facilities. |
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2.

The business activities of the undertakings concerned are:

—   for the KIA: KIA manages certain sovereign wealth funds for and on behalf of the State of Kuwait, such management includes investment in infrastructure amongst other asset classes,

for the KIA

—   for GNF: is a holding company of a leading group of companies involved in the generation and distribution of electric power and the distribution and trading of natural gas, both in Spain and internationally,

for GNF

—   for GPG: GPG owns and operates various power generation infrastructure and associated facilities based on coal, gas, hydro, wind, solar and thermo technologies. GPG also provides engineering and O&M services (including auxiliary facility support services) to both GNF’s group-controlled and third-party-operated power generation facilities.

for GPG

| 3. | 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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the 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. |
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3.

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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the 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.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number Case M.7633 — KIA/GNF/GPG, to the following address:





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

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number Case M.7633 — KIA/GNF/GPG, to the following address:

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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