Prior notification of a concentration (Case M.11973 – EVH GE / HSBC / ESG KRAFTWERKE WETTIN) – Candidate case for simplified procedure
Date: 2025-05-27
Institutions: Directorate-General for Competition, European Commission
Subjects: Germany, Saxony-Anhalt, economic concentration, electricity supply, energy production, gas supply, investment company, merger control, solar energy








C_202503089EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/3089


27.5.2025






Prior notification of a concentration
(Case M.11973 – EVH GE / HSBC / ESG KRAFTWERKE WETTIN)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/3089)


1.   
On 20 May 2025, 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:






—


EVH Grüne Energie – Beteiligung GmbH & Co. KG (‘EVH GE’, Germany), controlled by the city of Halle (Germany),










—


HSBC Alternative Investments S.C.A. SICAV-RAIF (‘HSBC Alternative Investments’, Luxembourg), belonging to the HSBC group (United Kingdom).










—


ESG Kraftwerke Wettin GmbH & Co. KG (‘ESG’, Germany).




EVH GE and HSBC Alternative Investments will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of ESG.
The concentration is accomplished by way of purchase of shares.


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






—


EVH GE is active in the generation and supply of electricity, gas and heat, as well as in the development and operation of relevant facilities,










—


HSBC Alternative Investments is an investment company belonging to the HSBC group. The HSBC group is active in various segments of the banking industry.






3.   

ESG will operate a solar park in Merbitz, Germany.



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 concentration 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.11973 – EVH GE / HSBC / ESG KRAFTWERKE WETTIN
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/2025/3089/oj
ISSN 1977-091X (electronic edition)