# C_2020451EN.01000701.xml

| 29.12.2020 | EN | Official Journal of the European Union | C 451/7 |
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29.12.2020

EN

Official Journal of the European Union

C 451/7

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Prior notification of a concentration

(Case M.10107 — BlackRock/Mubadala/Goldman Sachs/Calisen)

Candidate case for simplified procedure

(Text with EEA relevance)

(2020/C 451/05)

1.

This notification concerns the following undertakings:

| — | BlackRock Alternatives Management LLC (‘BAM’, USA), an indirect wholly-owned subsidiary of BlackRock Inc. (‘BlackRock’, USA), |
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BlackRock Alternatives Management LLC (‘BAM’, USA), an indirect wholly-owned subsidiary of BlackRock Inc. (‘BlackRock’, USA),

| — | Ninteenth Investment Company LLC (‘Ninteenth’, Abu Dhabi) wholly owned by Mubadala Investment Company PJSC (‘Mubadala’, Abu Dhabi), |
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Ninteenth Investment Company LLC (‘Ninteenth’, Abu Dhabi) wholly owned by Mubadala Investment Company PJSC (‘Mubadala’, Abu Dhabi),

| — | Goldman Sachs Group, Inc. (‘Goldman Sachs’, USA) and WSIP III (USA), a fund indirectly managed by Goldman Sachs, |
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Goldman Sachs Group, Inc. (‘Goldman Sachs’, USA) and WSIP III (USA), a fund indirectly managed by Goldman Sachs,

| — | Calisen plc is a public company listed on the London Stock Exchange (‘Calisen’, UK). |
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Calisen plc is a public company listed on the London Stock Exchange (‘Calisen’, UK).

BlackRock, Mubadala and Goldman Sachs acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of Calisen.

The concentration is accomplished by way of public bid announced on 11 December 2020.

2.

| — | for BAM: controls and manages investment decisions of a fund which operates globally and focusses on investments in the energy and power infrastructure value chain. It is an indirect subsidiary of BlackRock, a global investment, asset and risk management firm, which also provides advisory services to institutional and retail clients around the world, |
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for BAM: controls and manages investment decisions of a fund which operates globally and focusses on investments in the energy and power infrastructure value chain. It is an indirect subsidiary of BlackRock, a global investment, asset and risk management firm, which also provides advisory services to institutional and retail clients around the world,

| — | for Ninteenth: manages Mubadala’s energy infrastructure portfolio. It is an indirectly wholly-owned subsidiary of Mubadala, which invests globally and actively manages a diversified portfolio with priority sectors including aerospace, ICT, semiconductors, metals & mining, renewable energy, oil and gas, petrochemicals, utilities, healthcare, real estate, defence services, pharma & medtech, agribusiness and a global portfolio of financial holdings, |
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for Ninteenth: manages Mubadala’s energy infrastructure portfolio. It is an indirectly wholly-owned subsidiary of Mubadala, which invests globally and actively manages a diversified portfolio with priority sectors including aerospace, ICT, semiconductors, metals & mining, renewable energy, oil and gas, petrochemicals, utilities, healthcare, real estate, defence services, pharma & medtech, agribusiness and a global portfolio of financial holdings,

| — | for Goldman Sachs: a global investment banking, securities and investment management firm that provides a range of banking, securities and investment services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals, |
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for Goldman Sachs: a global investment banking, securities and investment management firm that provides a range of banking, securities and investment services worldwide to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals,

| — | for Calisen: procurement, installation, ownership and management of a portfolio of electricity and gas meters, with a particular focus on smart meters in the UK. |
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for Calisen: procurement, installation, ownership and management of a portfolio of electricity and gas meters, with a particular focus on smart meters in the UK.

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.10107 — BlackRock/Mubadala/Goldman Sachs/Calisen

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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