Prior notification of a concentration (Case M.8635 — Sojitz/KEPCO/Luricawne/Fixarra/Evalair/Plum) — Candidate case for simplified procedure (Text with EEA relevance. )
Date: 2017-10-10
Institutions: European Commission
Subjects: economic concentration, energy industry, investment company, merger control, miscellaneous industries, power plant, renewable energy, wind energy








C_2017339EN.01002301.xml










10.10.2017   


EN


Official Journal of the European Union


C 339/23





Prior notification of a concentration
(Case M.8635 — Sojitz/KEPCO/Luricawne/Fixarra/Evalair/Plum)
Candidate case for simplified procedure
(Text with EEA relevance)
(2017/C 339/08)






1.


On 29 September 2017, 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:






—


Sojitz Corporation (‘Sojitz’, Japan),










—


Kansai Electric Power Company Inc. (‘KEPCO’, Japan),










—


Luricawne Wind SARL (‘Luricawne’, Luxembourg), controlled by HgCapital (United Kingdom),










—


Fixarra Limited (‘Fixarra’, Ireland), belonging to the Craydel Group (Ireland),










—


Evalair Limited (‘Evalair’, Ireland) currently jointly controlled by Fixarra and Luricawne,










—


Plum Windfarm Holdings Limited (‘Plum’, Ireland), currently jointly contolled by Fixarra and Luricawne.




Sojitz and KEPCO acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Evalair and Plum, together with Fixarra and Luricawne. The concentration is accomplished by way of purchase of shares.










2.


The business activities of the undertakings concerned are:






—


Sojitz: the Sojitz group is a global conglomerate active in a variety of different businesses, primarily in the area of trading of goods and services, including in the energy sector,










—


KEPCO: the KEPCO group is active in various businesses including electric power, gas supply and telecommunications worldwide,










—


Luricawne: Luricawne is owned by HgCapital which is a mid-market private equity firm investing across technology, media, telecommunications, services and industrials, primarily in Northern Europe,










—


Fixarra: Fixarra is owned by the Craydel Group which is a multi-disciplinary engineering provider specialising in the development of renewable energy projects,










—


Evalair owns and operates four windfarms in Ireland,










—


Plum owns the Slivecallan West Wind project in Ireland, which is a windfarm currently in development.














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.8635 — Sojitz/KEPCO/Luricawne/Fixarra/Evalair/Plum
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.