Prior notification of a concentration (Case M.12075 – MUBADALA / ACTIS / REZOLV ENERGY JV) – Candidate case for simplified procedure
Date: 2025-08-14
Institutions: Directorate-General for Competition, European Commission
Subjects: Central and Eastern Europe, economic concentration, electrical energy, energy production, energy storage, investment company, merger control, renewable energy, solar energy, wind energy








C_202504655EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2025/4655


14.8.2025






Prior notification of a concentration
(Case M.12075 – MUBADALA / ACTIS / REZOLV ENERGY JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2025/4655)


1.   
On 6 August 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:






—


Mubadala Investment Company PJSC (‘Mubadala’, United Arab Emirates),










—


Actis GP LLP (‘Actis’, United Kingdom), ultimately controlled by General Atlantic Partners, L.P. (‘GA’, United States),










—


Rezolv Energy S.A. (‘Rezolv Energy’, Luxembourg), controlled by Actis.




Mubadala and Actis will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Rezolv Energy.
The concentration is accomplished by way of purchase of shares and of securities.


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






—


Mubadala is an investment company wholly owned by the Government of Abu Dhabi. It invests in a wide range of asset classes, including private equity, public equities, real estate and infrastructure and alternatives and credit,










—


Actis is a global investor with a focus on sustainable infrastructure in emerging markets active particularly in the energy infrastructure, long life infrastructure, digital infrastructure, and real estate sectors.






3.   

Rezolv Energy invests in renewable energy projects in the Central and Eastern Europe region, and intends to build, own, operate and manage renewable energy power projects including solar, wind and battery storage projects.



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.12075 – MUBADALA / ACTIS / REZOLV ENERGY JV
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/2025/4655/oj
ISSN 1977-091X (electronic edition)