Prior notification of a concentration (Case COMP/M.7046 — Parkwind/Summit renewable Energy Belwind 1/Belwind) — Candidate case for simplified procedure  Text with EEA relevance
Date: 2013-10-18
Institutions: European Commission
Subjects: Belgium, Japan, North Sea, distribution business, economic concentration, energy industry, merger control, wind energy








C_2013302EN.01001301.xml










18.10.2013   


EN


Official Journal of the European Union


C 302/13





Prior notification of a concentration
(Case COMP/M.7046 — Parkwind/Summit renewable Energy Belwind 1/Belwind)
Candidate case for simplified procedure
(Text with EEA relevance)
2013/C 302/10






1.


On 11 October 2013, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Parkwind NV (‘Parkwind’, Belgium) and Summit renewable Energy Belwind 1 (‘Summit’, UK) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over the undertaking Belwind NV (‘Belwind’, Belgium) by way of purchase of shares.










2.


The business activities of the undertakings concerned are:






—


Parkwind is currently active in the field of wind energy generation plants. It is an investment and development vehicle jointly controlled by the Korys/Colruyt Group and PMV, which are active in the retail of daily consumer goods and the retail sale of motor vehicle fuel in specialised stores and in investments in several areas including energy, respectively,










—


Summit was set up as an SPV for the purposes of the concentration and is a wholly owned indirect subsidiary of the Sumitomo Group, which is an integrated trading company which provides a comprehensive range of goods and services in Japan and around the world, including exploration and upstream production and sale of natural gas and oil, chemicals and electronics,










—


Belwind is active in the development and promotion of wind farms, namely operating an offshore wind farm in the Belgian Exclusive Economic Zone in the North Sea.














3.


On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (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. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.7046 — Parkwind/Summit renewable Energy Belwind 1/Belwind, to the following address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË










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

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).