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 20 November 2019, the European Commission received notification of a proposed

concentration pursuant to Article 4 of the Merger Regulation by which the undertakings ENGIE

S.A. ("ENGIE", France) and Versicherungskammer Bayern, acquire within the meaning of

Article 3(1)(b) and 3(4) of the Merger Regulation, through a Joint-Venture, joint control over

seven companies owning a portfolio of photovoltaic plants, located in France (the "Targets",

France) 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;

• Versicherungskammer Bayern is a German public insurer which provides personal and

property insurance;

• The Targets consist in a portfolio of photovoltaic power plants 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.