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, 25.1.2022  
C(2022 ) 526 final  
PUBLIC VERSION  
ENGIE España Renovables, S.L. 
Calle Ribera del Loira, 28  
28042, Madrid  
Spain  
 
Predica Prévoyance Dialogue du 
Crédit Agricole S.A.  
16-18 boulevard de Vaugirard  
75015, Paris  
France  
Subject : Case M.10563  – ENGIE  SPAIN / PREDICA / EOLIA  
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 3 January 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which ENGIE España 
Renovables, S.L. (“ENGIE Spain”, Spain), ultimately controlled by ENGIE, S.A. 
(“ENGIE”, Franc e), and Predica Prévoyan ce Dialogue du Crédit Agricole S.A. 
(“Predica”, France), belonging to the Groupe Crédit Agricole (France) , acquire within 
the meaning of Article 3(1)(b) of the Merger Regulation joint control over the whole 
of the undertaking Eolia Renovables de Inversione s, Sociedad de Capital Riesgo, S.A. 
(“Eolia”, Spain)  by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 ENGIE Spain is a newly incorporated company belonging to ENGIE. ENGIE is  
active in the fields of natural gas, electricity and energy services , 
                                                 
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 introduc ed certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout 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  14I, 12.01.2022 , p. 5. 

2  Predica is a life and health insurance company , 
 Eolia is active  in the generation of renewable energy and the development, 
construction and operation of wind farms and solar photovoltai c facilities in 
Spain.  
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 (c) of the  Commission Notice on a simplified procedure for tre atment 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 Agreement . 
For the Commission  
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .