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Valentina R., lawyer
The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.
1.1. The notified concentration concerns the proposed acquisition by State Grid International Development Limited (“SGID”) and the Hellenic Republic of joint control of International Power Transmission Operator S.A. (“IPTO”) within the meaning of Article 3(1)(b) of the EUMR.
2.2. SGID is incorporated and headquartered in Hong Kong, China, and is a wholly-owned subsidiary of State Grid Corporation of China (“SGCC”). SGID is primarily engaged in the investment and operation of regulated electricity transmission and distribution businesses outside of the People’s Republic of China.
3.3. IPTO is incorporated in Greece, with headquarters in Athens. IPTO is the transmission system operator of the Greek electricity transmission grid and is responsible for its operation, maintenance and development.
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.