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 Commission has received notification of a proposed concentration under Article 4 of Council Regulation (EC) No. 139/2004 (the “EU Merger Regulation”) pursuant to which Brookfield Asset Management Inc. (“Brookfield”) shall acquire joint control, within the meaning of Article 3(1)(b) of the EU Merger Regulation, over X-Elio Energy, S.L. (“X-Elio”).

As a result of the proposed concentration, KKR & Co. Inc. (“KKR”), which currently solely controls X-Elio within the meaning of the EU Merger Regulation, will jointly control X-Elio with Brookfield.

The parties’ activities are as follows:

-- Brookfield is a Canadian global asset manager focused on property, renewable power, infrastructure and private equity,

-- KKR is a global investment firm offering a range of alternative asset management services to public and private market investors and capital markets solutions for the firm, its portfolio companies and other clients,

-- X-Elio is active in the development, construction, operation and maintenance of solar plants in Europe (Spain and Italy), Japan, South America, Middle East, South Africa and North America.

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.