Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERG ER REGISTRY, 1049 Brussel,  BELGIË 
 Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu . 
  EUROPEAN COMMISSION 
Brussels,4.9.2017 
C(2017) 6085 final 
 
To the Notifying Parties 
Subject: Case M.8592 – CENTERBRIDGE / EGPH / JV  
Commission decision pursuant to Articl e 6(1)(b) of Council Regulation (EC) 
No 139/20041 and Article 57 of the Agreemen t on the European Economic Area2  
Dear Sir or Madam, 
1. On 10 August 2017, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation by wh ich the undertakings 
CCP Credit Acquisition Holdings Luxco S.à r.l.  (“Centerbridge Luxco 1”) and CSCP III 
Acquisition Luxco S.à r.l. (“Centerbridge Luxco 2”) (both of L uxembourg), indirectly 
controlled by a number of investment funds, all managed by affiliates of Centerbridge 
Partners, L.P. (“Centerbridge Partners”), ultimately controlled by two private individuals, 
and Enel Green Power Hellas S.A. (“EGPH”, Greece) belonging to the Enel Group (Italy) 
acquire within the meaning of Article 3(4) of the Merger Regulatio n joint control of a 
newly created undertaking constituting a Joint Venture (the "JV", Gr eece) by a purchase of 
shares.3 
2. The business activities of the undertakings concerned are: 
− Centerbridge Partners is an  investment management firm  focused on private equity 
and distressed investment opportunities; 
− EGPH is controlled by the ENEL Group of comp anies, the ultimate parent company of 
the group being Enel S.p.A. ENEL Group is an Italian multinational active in the 
production and distribution of electricity  and gas in the EEA and worldwide; 
                                                 
1 OJ L 24, 29.1.2004, p. 1 (the 'Mer ger Regulation'). With effect from  1 December 2009, the Treaty on the 
Functioning of the European Union ('TFEU') has intr oduced certain changes, su ch as the replacement of 
'Community' by 'Union' and 'common market' by 'interna l 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 273 , 18.8.2017, p. 4. 
PUBLIC VERSION 
2 − The JV does not yet carry out any business ac tivity. Its object is to build and operate 
seven wind farms at Kafireas (Euboea) in Greece. 
3. After examination of the notification, the Eu ropean Commission ha s 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 treatment of certain concentrations under Council Regulation (EC) No 139/2004.
4 
4. For the reasons set out in the Notice on a simp lified procedure, the European Commission 
has decided not to oppose the notified operati on 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 Regulati on and Article 57 of the EEA Agreement. 
For the Commission 
(Signed) 
Johannes LAITENBERGER Director-General 
                                                 
4  OJ C 366, 14.12.2013, p. 5.