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, 05.12.2018  
C(2018 ) 8467 final  
 
 
 
To the Notifying Parties  
 
 
Subject : Case M. 9181 - ENGIE / PREDICA PREVOYANCE DIALOGUE DU CREDIT 
AGRICOLE / OMNES CAPITAL / EQUINOX VIIIA  
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 13 November 2018 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which the undertakings 
Engie S.A. ("Engie", France), Omnes Capital (France) and Prédica Prévoyance Dialogue 
du Crédit Agricole S.A. ("Prédica", France), controlled by Crédit Agricole S.A.  acquire 
within the meaning of Article 3( 1)(b) and 3(4) of the Merger Regulation joint control over 
13 photovoltaic plants ("The Target", France)  by way of purchase of shares .3 
2. The business activities of the undertakings concerned are:  
 Engie  is an industrial company active throughout the entire energy -value chain in the 
fields of gas and electricity supply, as well as in energy services,  
 Omnes Capital is an independent French asset management company active in several 
branches of private equi ty, notably in the renewable energy sector , 
 Prédica is a subsidiary of Crédit Agricole S.A. active in the insurance sector,  
 The Target consists in 13 photovoltaic plants active in the generation and wholesale  
supply of electricity , which are currently cont rolled by three different entities and 
being acquired as part of the Equinox VIII A project . 
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 par agraph 5 (c) of 
                                                 
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 
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 421, 21.11.2018 , p. 13. 
PUBLIC VERSION  
2 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 o ppose 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)  
Johannes LAITENBERGER  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .