# C_2019402EN.01002301.xml

| 28.11.2019 | EN | Official Journal of the European Union | C 402/23 |
| --- | --- | --- | --- |

28.11.2019

EN

Official Journal of the European Union

C 402/23

---

Prior notification of a concentration

(Case M.9627 — APG/Elecnor/CC&I)

Candidate case for simplified procedure

(Text with EEA relevance)

(2019/C 402/09)

1.

This notification concerns the following undertakings:

| — | APG Asset Management N.V. (‘APG’, Netherlands), part of the APG Group N.V., |
| --- | --- |

—

APG Asset Management N.V. (‘APG’, Netherlands), part of the APG Group N.V.,

| — | Grupo Elecnor S.A. (‘Elecnor’, Spain), |
| --- | --- |

—

Grupo Elecnor S.A. (‘Elecnor’, Spain),

| — | Celeo Concesiones e Inversiones S.L. (‘CC&I’ or the ‘JV’, Spain), currently part of Grupo Elecnor. |
| --- | --- |

—

Celeo Concesiones e Inversiones S.L. (‘CC&I’ or the ‘JV’, Spain), currently part of Grupo Elecnor.

APG and Elecnor acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of CC&I. The concentration is accomplished by way of purchase of shares.

2.

| — | for APG: APG carries out executive consultancy, asset management, pension administration and communication for pension funds in the field of collective pensions, |
| --- | --- |

—

for APG: APG carries out executive consultancy, asset management, pension administration and communication for pension funds in the field of collective pensions,

| — | for Elecnor: Elecnor carries out engineering, construction and services projects in areas including electricity, power generation, gas, telecommunications and railways. Elecnor is also active in wind and solar power generation, |
| --- | --- |

—

for Elecnor: Elecnor carries out engineering, construction and services projects in areas including electricity, power generation, gas, telecommunications and railways. Elecnor is also active in wind and solar power generation,

| — | for CC&I: CC&I manages Elecnor’s investment in power transmission projects and as principal concessionaire with concessions in Brazil and Chile, delevops and manages photovoltaic and thermoelectric electricity generation in Spain and is active in generation and wholesale supply of electricity. Post-transaction, CC&I will serve as joint platform to develop and manage energy transmission infrastructure projects and renewable energy projects (except for wind renewable energy projects), mainly in Chile, Brazil and Spain. |
| --- | --- |

—

for CC&I: CC&I manages Elecnor’s investment in power transmission projects and as principal concessionaire with concessions in Brazil and Chile, delevops and manages photovoltaic and thermoelectric electricity generation in Spain and is active in generation and wholesale supply of electricity. Post-transaction, CC&I will serve as joint platform to develop and manage energy transmission infrastructure projects and renewable energy projects (except for wind renewable energy projects), mainly in Chile, Brazil and Spain.

3.

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.

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.9627 — APG/Elecnor/CC&I

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

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

---