CELEX: 32018M9184
Language: en
Date: 2018-12-05 00:00:00
Title: Commission Decision of 05/12/2018 declaring a concentration to be compatible with the common market (Case No COMP/M.9184 - Engie S.A. / Prédica Prévoyance Dialogue / Omnes Capital / 4 WIND FARMS) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

EUROPEAN COMMISSION
                                                                Brussels, 05.12.2018
                                                                C(2018) 8499 final
                                                                     PUBLIC VERSION
                                                                To the Notifying Parties
Subject:        Case M.9184 - ENGIE / PREDICA PREVOYANCE DIALOGUE DU CREDIT
                AGRICOLE / OMNES CAPITAL / 4 WIND FARMS
                Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC)
                                1                                                                             2
                No 139/2004 and Article 57 of the Agreement on the European Economic Area
Dear Sir or Madam,
1.      On 13 November 2018, the European Commission received notification of a proposed
        concentration pursuant to Article 4 of the Merger Regulation by which the undertakings
        Engie S.A. ("Engie", France), Omnes Capital (France) and Prédica Prévoyance Dialogue
        du Crédit Agricole S.A. ("Prédica", France), controlled by Crédit Agricole S.A. acquire
        within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over
        4 windfarms ("The Target", France) controlled by Engie by way of purchase of shares.3
2.      The business activities of the undertakings concerned are:
             Engie is an industrial company active throughout the entire energy-value chain in the
              fields of gas and electricity supply, as well as in energy services,
             Omnes Capital is an independent French asset management company active in several
              branches of private equity, notably in the renewable energy sector,
             Prédica is a subsidiary of Crédit Agricole S.A. active in the insurance sector,
             The Target consists in 4 windfarms active in the generation and wholesale supply of
              electricity..
1       OJ L 24, 29.1.2004, p. 1 (the 'Merger Regulation'). With effect from 1 December 2009, the Treaty on the
        Functioning of the European Union ('TFEU') has introduced certain changes, such as the replacement of
        'Community' by 'Union' and 'common market' by 'internal market'. The terminology of the TFEU will be used
        throughout this decision.
2       OJ L 1, 3.1.1994, p. 3 (the 'EEA Agreement').
3       Publication in the Official Journal of the European Union No C 421, 21.11.2018, p. 11.
Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË
Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.
 ---pagebreak--- 3. After examination of the notification, the European Commission has concluded that the
   notified operation falls within the scope of the Merger Regulation and of paragraph 5(c) of
   the Commission Notice on a simplified procedure for treatment of certain concentrations
   under Council Regulation (EC) No 139/2004.4
4. For the reasons set out in the Notice on a simplified procedure, the European Commission
   has decided not to oppose the notified operation and to declare it compatible with the
   internal market and with the EEA Agreement. This decision is adopted in application of
   Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.
                                                    For the Commission
                                                    (Signed)
                                                    Johannes LAITENBERGER
                                                    Director-General
4  OJ C 366, 14.12.2013, p. 5.
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