Prior notification of a concentration (Case M.11275 – MACQUARIE / ENEL / ENEL GREEN POWER HELLAS) Candidate case for simplified procedure (Text with EEA relevance) 2023/C 342/08
Date: 2023-09-28
Institutions: Directorate-General for Competition, European Commission
Subjects: economic concentration, energy production, geothermal energy, hydroelectric power, hydrogen, investment company, merger control, renewable resources, solar energy, wind energy








C_2023342EN.01001101.xml










28.9.2023   


EN


Official Journal of the European Union


C 342/11







Prior notification of a concentration
(Case M.11275 – MACQUARIE / ENEL / ENEL GREEN POWER HELLAS)
Candidate case for simplified procedure
(Text with EEA relevance)
(2023/C 342/08)


1.   
On 19 September 2023, 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:






—


Macquarie GIG Renewable Energy Fund 2 SCSp (‘MGREF 2 Fund’, Luxembourg), controlled by Macquarie Infrastructure and Real Assets Europe Limited (‘MIRA’, UK), a wholly owned subsidiary of Macquarie Group Limited (‘Macquarie’, Australia), and










—


Enel Green Power S.p.A. (‘EGP’), controlled by Enel S.p.A (‘Enel’, both Italy).




MGREF 2 Funds and EGP will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of EGPH.
The concentration is accomplished by way of purchase of shares.


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






—


for MGREF 2 Fund: investment in renewable energy assets, in particular platforms and construction and operation stage wind and solar projects,










—


for EGP: generation of power from renewable sources worldwide, including wind, solar, hydroelectric, geothermal, and green hydrogen, and development of new technologies in the renewables sector.






3.   

The business activities of EGPH are the following: development of renewable energy generation assets and electricity production and the subsequent sale of the electric energy produced for third parties.



4.   
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 treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


5.   
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.11275 – MACQUARIE / ENEL / ENEL GREEN POWER HELLAS
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: mailto:COMP-MERGER-REGISTRY@ec.europa.eu
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 160, 5.5.2023, p. 1.