CELEX: 32016M8075
Language: en
Date: 2016-07-08 00:00:00
Title: Commission Decision of 08/07/2016 declaring a concentration to be compatible with the common market (Case No COMP/M.8075 - PARTNERS GROUP / INFRARED CAPITAL PARTNERS / MERKUR OFFSHORE) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |

                                        Brussels, 8.7.2016
                                        C(2016) 4475 final

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                                        To the notifying parties

Dear Sirs,

Subject:    Case M.8075 - PARTNERS GROUP / INFRARED CAPITAL PARTNERS / MERKUR OFFSHORE
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1] and Article 57 of the Agreement on the
         European Economic Area[2]

 1. On 15 June 2016, the European Commission received notification of a proposed concentration pursuant to Article 4  by  which  Partners  Group
    (Guernsey) Limited ("PG", Channel Islands) and Infrared Capital Partners Limited ("IRCP", United Kingdom) acquire  within  the   meaning  of
    Article 3(1)(b) of the Merger Regulation joint control of Merkur Offshore GmbH ("Merkur", Germany), by way of purchase of shares. [3]

 2. The business activities of the undertakings concerned are:

      –     PG is a wholly owned subsidiary of Partners Group  Holding  AG  of  Switzerland,  an  investment  fund  active  in  equity  and  debt
           investments in private companies, real estate and infrastructure projects on a global level.

      –     IRCP is an investment fund active in investments in real estate and infrastructure projects on a global level.

      –     Merkur will be active in the construction and subsequent operation of a wind park in the North Sea.

 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 (b) 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

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[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 227, 23.6.2016, p. 27.
[4]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE