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, 12.08.2021  
C(2021 ) 6078 final  
PUBLIC VERSION  
EDF Renouvelables France  
Coeur Défense – Tour B  
100, e splanade du Général de Gaulle  
92932 Paris La Défense Cedex  
France  
 
Lumani Energy Limited  
Ropemaker Place  
28 Ropemaker Street  
EC2Y 9HD London  
United Kingdom  
Subject : Case M.10274 — EDFR/Lumani/GLD  
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 20 July 2021 , the European Commission received notification of a proposed 
concentration pursuant to Article 4  of the Merger  Regulation by which the 
undertakings EDF Renouvelables France (“EDFR”, France), belonging to the group 
Électricité de France SA (“EDF Group”, France),  and Lumani Energy Limited 
(“Lumani”, UK), belonging to the group Green Investment Group Limited (“Green 
Investment Group”, UK), ultimately controlled by Macquarie Group, Australia,  
acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regula tion joint 
control over the whole of the undertaking  Green Lighthouse Développement (“GLD”, 
France)  by way of purchase of shares .3 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 Decem ber 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 301, 28.07.2021 , p. 4. 

2 2. The business activities of the undertakings concerned are:  
 for EDFR: develops, builds and operates clean energy power plants , mainly for its 
own account, in France. EDFR’s activities cover the entire renewable energy 
chain, from developmen t to operation and maintenance , 
 for Lumani: Lumani is an indirect  subsidiary o f Green Investment Group , which 
is a specialist in green infras tructure principal investment, project development 
and delivery, green impact advisory and the management of portfolio assets. 
Green Investment Group  is part of the Macquarie Group, a diversified financial 
group providing clients with asset management and finance, banking, advisory 
and risk and capital solutions acro ss debt, equity and commodities,   
 for GLD : is a solar developer focused on large -scale agrivoltaic projects in 
France. More specifically, GLD develops projects aimed at constructing various 
solar energy production facilities on agricultural land with a view of selling these 
production facilities post -construction to investors such as producers of electricity 
(including but not limited to EDFR), institution al investors, investment funds and 
insura nce companies. GLD is currently solely controlled by Lumani.  
3. After examination of the notification, the European Commission has concluded that 
the notifie d operation falls within the scope of the Merger  Regulation  and of 
paragraph 5 (a) of the Commission N otice 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)  
Olivier GUERSENT  
Director -General  
 
                                                 
4  OJ C 366, 14.12.2013, p. 5 .