Prior notification of a concentration

(Case M.10274 — EDFR/Lumani/GLD)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 301/04)

1. On 20 July 2021, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 ( 1 ) This notification concerns the following undertakings: — EDF Renouvelables France (‘EDFR’, France), belonging to the group Électricité de France SA (‘EDF Group’, France), — Lumani Energy Limited (‘Lumani’, UK), belonging to the group Green Investment Group Limited (‘Green Investment Group’, UK), ultimately controlled by Macquarie Group, Australia, — Green Lighthouse Développement (‘GLD’, France). EDFR and Lumani acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of GLD. The concentration is accomplished by way of purchase of shares.

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 development to operation and maintenance, — for Lumani: Lumani is an indirect subsidiary of Green Investment Group, which is a specialist in green infrastructure 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 across 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), institutional investors, investment funds and insurance companies. GLD is currently solely controlled by Lumani.

3. On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

4. The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission. Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified: M.10274 — EDFR/Lumani/GLD Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below: Email: COMP-MERGER-REGISTRY@ec.europa.eu Fax +32 22964301 Postal address: European Commission Directorate-General for Competition Merger Registry 1049 Bruxelles/Brussel BELGIQUE/BELGIË

(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2) OJ C 366, 14.12.2013, p. 5.