# C_2011176EN.01001101.xml

| 16.6.2011 | EN | Official Journal of the European Union | C 176/11 |
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16.6.2011

EN

Official Journal of the European Union

C 176/11

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Prior notification of a concentration

(Case COMP/M.6206 — Iberdrola/Caja Rural de Navarra/Renovables de la Ribera)

Candidate case for simplified procedure

(Text with EEA relevance)

2011/C 176/09

| 1. | On 31 May 2011, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Iberenova Promociones SA Unipersonal (‘Iberenova’, Spain), belonging to the Iberdrola Group, and Caja Rural de Navarra Sociedad Cooperativa de Crédito (‘Caja Rural de Navarra’, Spain) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Renovables de la Ribera, S.L. (‘Renovables de la Ribera’, Spain), by way of purchase of shares in a newly created company. |
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1.

On 31 May 2011, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings Iberenova Promociones SA Unipersonal (‘Iberenova’, Spain), belonging to the Iberdrola Group, and Caja Rural de Navarra Sociedad Cooperativa de Crédito (‘Caja Rural de Navarra’, Spain) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Renovables de la Ribera, S.L. (‘Renovables de la Ribera’, Spain), by way of purchase of shares in a newly created company.

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| 2. | The business activities of the undertakings concerned are:






  — | for Iberenova: company belonging to the Iberdrola Group which is involved in the generation, distribution and retail supply (marketing) of electricity, and in the procurement, distribution and supply of natural gas, |
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2.

The business activities of the undertakings concerned are:

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for Iberenova: company belonging to the Iberdrola Group which is involved in the generation, distribution and retail supply (marketing) of electricity, and in the procurement, distribution and supply of natural gas,

| — | for Caja Rural de Navarra: a Spanish financial institution, the corporate purpose of which is to engage in lending and borrowing and provide common services for financial entities forming part of the Spanish financial system, |
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for Caja Rural de Navarra: a Spanish financial institution, the corporate purpose of which is to engage in lending and borrowing and provide common services for financial entities forming part of the Spanish financial system,

| — | for Renovables de la Ribera: promotion and operation of wind farm projects in Navarre (Spain). |
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for Renovables de la Ribera: promotion and operation of wind farm projects in Navarre (Spain).

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (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 EC 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 EC Merger Regulation (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 COMP/M.6206 — Iberdrola/Caja Rural de Navarra/Renovables de la Ribera, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 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 COMP/M.6206 — Iberdrola/Caja Rural de Navarra/Renovables de la Ribera, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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