Prior notification of a concentration (Case M.11709 – CKI / CKA / TARGET WIND FARMS AND ASSETS) – Candidate case for simplified procedure
Date: 2024-08-28
Institutions: Directorate-General for Competition, European Commission
Subjects: United Kingdom, economic concentration, electrical energy, energy production, hotel industry, investment company, merger control, property development, transport infrastructure, waste management, wind energy








C_202405287EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/5287


28.8.2024






Prior notification of a concentration
(Case M.11709 – CKI / CKA / TARGET WIND FARMS AND ASSETS)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2024/5287)


1.   
On 19 August 2024, 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:






—


CK Infrastructure Holdings Limited (‘CKI’, Bermuda), ultimately controlled by CK Hutchison Holdings Limited (Cayman Islands),










—


CK Asset Holdings Limited (‘CKA’, Cayman Islands),










—


Entities which form part of Aviva plc’s (United Kingdom) onshore windfarm business in the United Kingdom, namely Minnygap Energy Limited, Den Brook Energy Limited, Turncole Wind Farm Limited, Jacks Lane Energy Limited, Woolley Hill Electrical Energy Limited, Medium Scale Wind No.1 Limited, and Medium Scale Wind No.2 Limited (the ‘Target Wind Farms and Assets’, United Kingdom).




CKI and CKA will acquire within the meaning of Article 3(1)(b) of the Merger Regulation control of the Target Wind Farms and Assets.
The concentration is accomplished by way of purchase of shares.


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






—


CKI is a global infrastructure company with diversified investments in energy infrastructure, transportation infrastructure, water infrastructure, waste management, waste-to-energy, household infrastructure, and infrastructure related businesses,










—


CKA is a multinational conglomerate with business activities in property development and investment, hotel operation, property and project management, and infrastructure and utility asset operation,










—


The Target Wind Farms and Assets are active in the development and operation of medium scale individual wind turbines and wind farms in the United Kingdom.






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 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.


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.11709 – CKI / CKA / TARGET WIND FARMS AND ASSETS
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: 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.


ELI: http://data.europa.eu/eli/C/2024/5287/oj
ISSN 1977-091X (electronic edition)