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OCTOPUS ENERGY / LEGAL & GENERAL CAPITAL INVESTMENTS / KENSA GROUP

M.11188

OCTOPUS ENERGY / LEGAL & GENERAL CAPITAL INVESTMENTS / KENSA GROUP
August 2, 2023
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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

This notification concerns the acquisition of joint control over Kensa Group Limited (Kensa) by:

Octopus Energy Group Limited ("Octopus"), through separate investments made by Sky Ground Heat Limited ("Sky") and OETF Ground Heat Limited ("OETF"), which are both controlled indirectly by Octopus through managed investment funds; and

Legal & General Capital Investments Limited ("LGC"), a wholly-owned subsidiary of Legal & General Group plc ("L&G Group"). LGC currently has sole control over Kensa

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

EUC

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