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, 8.9.2022  
C(2022 ) 6571 final  
PUBLIC VERSION  
Daimler Truck AG  
Fasanenweg 10   
70771 Leinfelden -Echterdingen  
Germany  
 
NextEra  Energy  Inc. 
700 Universe Blvd.   
33408 Juno Beach, Florida  
United States of America  
 
BlackRock Financial Management, 
Inc. 
40 East 52nd Street , New York  
New York  10022  
United States of America  
Subject : Case M. 10791 – DAIMLER TRUCK / NEXTERA / BFM / 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 16 August 2022 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger Regulation , by which  Daimler Truck 
AG (“Daimler Truck”, Germany) , NextEra Energy Inc. (“NextEra”, United States of 
America)  and BlackRock Financial Management, Inc. (“BFM”), controlled by 
BlackRock, Inc. (“BlackRock”, both of United States of America) , acquire  within the 
meaning of Article s 3(1)(b) and 3(4) of the Merger Regulation  joint control of the 
whole of the new joint venture (“Target”, United States of America) . The 
                                                 
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 ’). 

2 concentration is accomplished by way of purchase of shares in a newly created 
company constituting a joint venture .3 
2. The busines s activities of the undertakings concerned  are the following : 
 Daimler Truck focuses on the manufacturing and sale of trucks and buses , 
 NextEra is one of the largest electric power and energy infrastructure companies 
in North America and a leader in the ren ewable energy industry,  
 BFM offers portfolio construction, asset management and investment advisory 
services. BFM controls and manages the investment decisions of GRP III, a fund 
which operates globally and focuses on global climate infrastructure investm ents, 
primarily in renewable power. BFM is controlled by BlackRock, a company 
active in the provision of global investment management, risk management and 
advisory services to institutional and retail clients worldwide,  
 The Target will be based in the Uni ted States and shall develop, construct, 
finance, own and operate a publicly available charging point/depot infrastructure , 
primarily for heavy electric vehicles for long haulage and regional transport and 
engage as an e -mobility service provider in the Un ited States and Canada in the 
future.  
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 (a) 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 no tified 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  
                                                 
3  Publication in the Official Journal of the European Union No C 319, 23.8.2022 , p. 8. 
4  OJ C 366, 14.12.2013, p. 5 .