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16.11.2018 |
EN |
Official Journal of the European Union |
C 417/31 |
Prior notification of a concentration
(Case M.9171 — Covanta Holding Corporation/Green Investment Group/Brockwell Energy/Earls Gate Energy Centre)
Candidate case for simplified procedure
(Text with EEA relevance)
(2018/C 417/12)
1.
On 9 November 2018, 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:
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Covanta Holding Corporation (‘Covanta’, United States of America), |
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Green Investment Group Limited (‘Green Investment Group’, United Kingdom), belonging to the group Macquarie Group Limited (‘Macquarie’, Australia), |
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Brockwell Energy Limited (‘Brockwell’, United Kingdom), jointly controlled by Davidson Kempner Capital Management, L.P. (United States of America) and Pioneer Point Partners LLP (United Kingdom), |
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Earls Gate Energy Centre Limited (‘Earls Gate JV’, Scotland, United Kingdom). |
Covanta and Green Investment Group, via a jointly controlled investment vehicle, and Brockwell acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of the Earls Gate JV.
The concentration is accomplished by way of purchase of shares.
2.
The business activities of the undertakings concerned are:— for Covanta: global sustainable waste and energy solutions business,
— for Green Investment Group: green infrastructure principal investment, project delivery and management of portfolio assets, and related services,
— for Brockwell: develop, own and operate interests in relation to renewable energy technologies,
— for Earls Gate JV: construction and operation of a renewable energy plant in Grangemouth, Scotland.
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 procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (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.9171 — Covanta Holding Corporation/Green Investment Group/Brockwell Energy/Earls Gate Energy Centre
Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:
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Email: COMP-MERGER-REGISTRY@ec.europa.eu |
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Fax +32 22964301 |
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Postal address: |
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European Commission |
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Directorate-General for Competition |
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Merger Registry |
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1049 Bruxelles/Brussel |
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BELGIQUE/BELGIË |
(1) OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).