# C_2015224EN.01000501.xml

| 9.7.2015 | EN | Official Journal of the European Union | C 224/5 |
| --- | --- | --- | --- |

9.7.2015

EN

Official Journal of the European Union

C 224/5

---

Prior notification of a concentration

(Case M.7695 — BlackRock/First Reserve/Engie/TAG Pipelines Sur)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 224/05)

| 1. | On 30 June 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which BlackRock, Inc. (‘BlackRock’, USA), First Reserve Management, LP (‘First Reserve’, USA) and GDF Suez SA (‘Engie’, France) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the undertaking TAG Pipelines Sur, S. de R.L. de C.V. (‘TAG Pipelines Sur’, Mexico) by way of purchase of shares in a newly created company constituting a joint venture. |
| --- | --- |

1.

On 30 June 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which BlackRock, Inc. (‘BlackRock’, USA), First Reserve Management, LP (‘First Reserve’, USA) and GDF Suez SA (‘Engie’, France) acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the undertaking TAG Pipelines Sur, S. de R.L. de C.V. (‘TAG Pipelines Sur’, Mexico) by way of purchase of shares in a newly created company constituting a joint venture.

1

| 2. | The business activities of the undertakings concerned are:
  —   BlackRock: Publically-traded asset manager, managing assets on behalf of its clients, as well as providing risk management and advisory services.
  —   First Reserve: A private equity firm specialized in the energy industry, including oilfield services, energy infrastructure, and power and energy reserves.
  —   Engie: The group is active across the entire energy chain, in electricity and natural gas.
  —   TAG Pipelines Sur: Construction and operation of the Los Ramones II (Sur) gas pipeline in Mexico. |
| --- | --- |

2.

The business activities of the undertakings concerned are:

—   BlackRock: Publically-traded asset manager, managing assets on behalf of its clients, as well as providing risk management and advisory services.

BlackRock

—   First Reserve: A private equity firm specialized in the energy industry, including oilfield services, energy infrastructure, and power and energy reserves.

First Reserve

—   Engie: The group is active across the entire energy chain, in electricity and natural gas.

Engie

—   TAG Pipelines Sur: Construction and operation of the Los Ramones II (Sur) gas pipeline in Mexico.

TAG Pipelines Sur

| 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 this Notice. |
| --- | --- |

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 this Notice.

2

| 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7695 – BlackRock/First Reserve/Engie/TAG Pipelines Sur to the following address:





  European Commission |
| --- | --- |
| 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7695 – BlackRock/First Reserve/Engie/TAG Pipelines Sur to the following address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

---

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

1

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

2

---