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

The proposed concentration concerns the acquisition of sole control over Camden and its subsidiaries active in the energy sector by EP Power Europe, a.s. The proposed concentration constitutes a concentration under Article 3(1)(b) of the EUMR.

EP Power Europe, a.s. is a Czech joint-stock company incorporated under the laws of the Czech Republic belonging to the EPH Group. The EPH Group is a vertically integrated energy utility covering the complete value chain from lignite mining through power and heat generation to electricity and heat distribution, including supply and trading platforms, on the one hand, and the gas infrastructure business on the other hand. The EPH Group currently consists of more than 70 companies operating mainly in the Czech Republic, Slovakia, Germany, Italy, France, Ireland, the Netherlands, the United Kingdom and Switzerland. The EPH Group is solely controlled by EP Corporate Group, a.s. (Czech Republic), which, in turn, is ultimately solely controlled by Mr Daniel Kretínský.

The Target's activities concern the Netherlands and include generation and wholesale supply of electricity, provision of certain balancing and ancillary services, financial electricity trading and gas trading on a hub (TTF). The Target includes, among others, a 100% stake in a gas-fired CCGT power plant "MaasStroom" located in Rotterdam, and a 50% stake in a gas-fired CCGT power plant "Enecogen" located in Rotterdam.

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