Prior notification of a concentration (Case M.10283 — MEF 4/CDC/3i EOPF Topco/NGM) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 283/04
Date: 2021-07-15
Institutions: Directorate-General for Competition, European Commission
Subjects: France, Luxembourg, economic concentration, electric vehicle, holding company, investment, investment company, merger control, public institution, services of general interest








C_2021283EN.01001001.xml










15.7.2021   


EN


Official Journal of the European Union


C 283/10






Prior notification of a concentration
(Case M.10283 — MEF 4/CDC/3i EOPF Topco/NGM)
Candidate case for simplified procedure
(Text with EEA relevance)
(2021/C 283/04)

1.   
On 1 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:






—


Mirova-Eurofideme 4 (‘MEF 4’, France), managed by Mirova (France) and ultimately controlled by BPCE (France)










—


Caisse des Dépôts et Consignations (‘CDC’, France)










—


3i EOPF France Topc S.à.r.l (‘3i EOPF Topco’, Luxembourg), controlled by 3i Group plc (‘3i’, United Kingdom)










—


NeoT Green Mobility (‘NGM’, France), controlled by Mitsubishi Corporation, EDF Pulse Croissance and CDC




3i EOPF Topco, MEF 4 and CDC acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of NGM.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are:






—


for MEF 4: French company managed by Mirova, a French management company ultimately controlled by BPCE, whose financing and investment target sustainable development solutions in the sectors of mobility, energy, buildings and cities, consumption, resources, health, information and communication technologies and finance. BPCE is active in the banking and insurance sectors,










—


for CDC: French public institution with special legal status, governed by Articles L. 518-2 ff. of the Monetary and Financial Code, which performs tasks of general interest in support of public policies conducted by the State and local authorities, engaged through its subsidiaries in activities open to competition, in the following areas: (i) environment and energy, (ii) housing and real estate, (iii) investment and capital investment, and (iv) services (passenger transport, infrastructure engineering, operation of ski resorts and leisure sites, postal services, banking and insurance services),










—


for 3i EOPF Topco: Luxembourg company ultimately controlled by 3i, an investment management company listed on the London Stock Exchange (FTSE 100) specialising in infrastructure and private equity asset management in Europe, Asia and North America,










—


for NGM: French company active in the development, financing and management of electric mobility projects, mainly in France.






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 the Notice.


4.   
The Commission invites interested third parties to submit any observations they may have on the proposed transaction to the Commission.
Observations must reach the Commission no later than ten days following the date on which this notification is published. The following reference should always be specified:
M.10283 — MEF 4/CDC/3i EOPF Topco/NGM
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.