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,  4.12.2020  
C(2020 ) 8767 final  
PUBLIC VERSION  
To the notifying parties  
Subject : Case M. 10033  – PLATINUM COMPASS / OTPP / EDPL  
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 12 November 2020 , the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which the 
undertakings Platinum Compass B 2018 RSC Limited (“Platinum Compass”) , 
ultimately controlled by Abu Dhabi Investment Authority (“ADIA”) ( both of t he 
United Arab Emirates),  Ontario Teachers' Pension Plan Board (“OTPP” , Canada) , and 
Equis Development Holdings LLC (“Equis ”, Singapore) acquire within the meaning 
of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over the whole of 
Equis Development Pte. Ltd. (“EDPL” , Singapore ) by way of purchase of share s.3 
2. The business activities of the undertakings concern ed are:  
 for Platinum Compass: a wholly -owned subsidiary of ADIA which owns and 
manages investments. ADIA is a government entity owned by the Emirate of Abu 
Dhabi. It invests funds allocated to it by the government of Abu Dhabi and 
manages the portfolio acr oss multiple asset classes,  
 for OTPP: administers pension benefits and the investment of pension plan assets 
on behalf of approximately 329,000 active and retired teachers in the Canadian 
province of Ontario,  
 for Equis : an infrastructure asset development company  actively pursuing 
infrastructure development and investment across the Asia -Pacific region,  
                                                 
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 395, 20.11.2020 , p. 4. 

2  for EDPL : develops, constructs and operates infrastructure projects in Asia -
Pacific, in particular targeting: (a) the g eneration of electricity from solar, wind, 
biomass or waste; and (b) the recycling and processing of waste.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of the Merger  Regula tion 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 d ecided 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 .