Prior notification of a concentration (Case M.8289 — Engie/Omnes Capital/Prédica/Maïa Eolis) (Text with EEA relevance )
Date: 2016-11-22
Institutions: European Commission
Subjects: economic concentration, electrical energy, energy production, merger control








C_2016429EN.01000601.xml










22.11.2016   


EN


Official Journal of the European Union


C 429/6





Prior notification of a concentration
(Case M.8289 — Engie/Omnes Capital/Prédica/Maïa Eolis)
(Text with EEA relevance)
(2016/C 429/05)






1.


On 11 November 2016, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Engie SA (‘Engie’, France), Omnes Capital (France) and Prédica Prévoyance Dialogue du Crédit Agricole SA (‘Prédica’, France) will acquire joint control over the wind farms in operation of Maïa Eolis (France) within the meaning of Article 3(1)(b) of the Merger Regulation, by means of purchase of shares (hereafter the ‘Proposed Transaction’). Engie, Omnes Capital, Prédica and Maïa Eolis are collectively referred to as the ‘Parties’.










2.


The business activities of the undertakings concerned are:






—


Engie is an industrial company active in the fields of gas, electricity and energy services. It is active throughout the entire energy-value chain,










—


Omnes Capital is an independent French asset management company, which collects financial participations from investors and is active in several branches of private equity, notably in the renewable energy sector. Omnes Capital is managing several investment funds, some of which hold participations in companies active in the energy sector,










—


Prédica is a 100 % subsidiary of Crédit Agricole SA, which is active in the insurance sector,










—


Maïa Eolis is active in the generation of electricity by wind farms in France. It owns several special purpose vehicles (‘SPVs’), some of which comprise wind farms in operation, others which comprise wind farms under development, and others which comprise wind farms both in operation and under development. The Proposed Transaction only concerns Maïa Eolis' wind farms in operation.














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 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 this 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 M.8289 — Engie/Omnes Capital/Prédica/Maïa Eolis, 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 ‘Merger Regulation’).

(2)  OJ C 366, 14.12.2013, p. 5.