Disclaimer :

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.

SECTION 1.2

Description of the concentration

On 22 November 2019, the European Commission received a 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 Predica Prévoyance Dialogue du Crédit Agricole S.A. ("Predica", France), would acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over a portfolio of wind farms and photovoltaic plants, located in France (the "Targets", France) currently ultimately controlled by ENGIE, by way of purchase of shares.

The business activities of the undertakings concerned are:

-- ENGIE is an industrial company active 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;

-- Predica is a French life and health insurance company incorporated under the laws of France and mostly active in France, belonging to the French Crédit Agricole Group, which itself offers a wide range of banking-related services mostly in France;

-- The Targets consist in a portfolio of ground-mounted photovoltaic power plants and wind farms located in France.

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.