Prior notification of a concentration (Case M.10836 – EQUINOR / SSE / TRITON POWER) Candidate case for simplified procedure (Text with EEA relevance) 2022/C 287/07
Date: 2022-07-28
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, electrical energy, energy distribution, energy industry, energy production, heating, merger control, power plant, renewable energy, subsidiary








C_2022287EN.01008301.xml










28.7.2022   


EN


Official Journal of the European Union


C 287/83






Prior notification of a concentration
(Case M.10836 – EQUINOR / SSE / TRITON POWER)
Candidate case for simplified procedure
(Text with EEA relevance)
(2022/C 287/07)

1.   
On 19 July 2022, 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:






—


SSE Thermal Generation Holdings Limited (‘SSE Thermal’) (United Kingdom),










—


Equinor New Energy Limited (‘Equinor’) (United Kingdom), a subsidiary of Equinor ASA (Norway),










—


Triton Power Holdings Limited (‘Triton Power’) (Jersey), currently ultimately controlled by Energy Capital Partners (Unites Stated).




SSE Thermal and Equinor will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Triton Power.


2.   
The business activities of the undertakings concerned are the following:






—


SSE Thermal owns and operates conventional thermal generation plants in the United Kingdom and Ireland. SSE Thermal is part of the SSE Group, which develops, builds, operates and invests in low carbon electricity infrastructure. SSE Group has a strategic focus on renewable energy and regulated electricity networks across its core business segments: Renewables, Distribution and Transmission,










—


Equinor is a wholly owned subsidiary of Equinor ASA. Equinor ASA is an international energy company headquartered in Stavanger, Norway, whose business activities consist principally of worldwide exploration, production, transportation, refining and marketing of petroleum and petroleum-derived products, gas and other forms of energy, including renewable energy,










—


Triton Power is a private independent electricity power generating company. It operates three facilities in the United Kingdom that provide a mixture of national grid network services, electrical energy and cogeneration supply to industrial customers.






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 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.10836 – EQUINOR / SSE / TRITON POWER
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.