Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229 -91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION  
Brussels, 27.8.2019  
C(2019 ) 6335 final  
PUBLIC VERSION  
To the notifying parties  
Subject : Case M. 9472 — Diamond Transmission Corporation/Infrared Capital 
Partners/JV  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 2 August  2019 , the European Commission received notification of a proposed 
conc entration pursuant to Article 4 of the Merger  Regulation by which the 
undertakings Diamond Transmission Corporation Limited  (“DTC”, United Kingdom), 
controlled by Mitsubishi Corporation (“MC”, Japan)  and InfraRed Capital Partners 
Limited (“IRCP”, United Ki ngdom), controlled by InfraRed Capital Partners 
(Management) LLP (United Kingdom)  acquire within the meaning of Article 3(1)(b) 
and Article 3(4) of the Merger Regulation joint control  of the whole of Diamond 
Transmission Partners Galloper (Holding) Limited  (“Target”, United Kingdom), 
currently solely controlled by DTC,  by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 DTC is a holding company that integrates MC's investment activities in the 
electricity transmission sector,  
 IRCP is an infrastructure investment management company active in financial 
advice and managing investments on behalf of investment funds , 
 the Target is the holding company of its wholly owned subsidiary Diamond 
Transmission Partners Galloper Limit ed which will be appointed as  the Offshore 
Transmission Owner for the Galloper offshore windfarm located in UK waters off 
the coast of Suffolk in the North Sea. It is active in the transmission of electricity 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the 'Merger Regulation '). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( 'TFEU ') has introduced certain changes, such as the 
replacement of 'Community ' by 'Union ' and 'common market ' by 'internal market '. The terminology of 
the TFEU will be used througho ut this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the 'EEA Agreement '). 
3  Publication in the Official Journal of the European Union No C 266, 8.8.2019 , p. 6. 

2 from this windfarm to the UK's onshore National  Electricity Transmission 
System . 
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regulation  and of 
paragraph 5(b) of the Commission Notice on a simplified procedure for treatment of 
certain concentrations under Council Regulation (EC) No 139/2004 .4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in application of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agre ement . 
For the Commission  
 
 
(Signed)  
Johannes LAITENBERGER  
Director -General  
 
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .