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 December 1, 2017, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 involving the acquisition by Mirova-Eurofideme3 and General Electric Company (GE) of joint control over Idesamgar SL and Idesamgar 1 SL, active in the area of wind farms in Spain.

The business activities of the undertakings concerned are:

- Mirova, acting as management company of Mirova-Eurofideme3, is a French venture capital fund (Fonds Professionnel de Capital Investissement). Mirova is a wholly owned subsidiary of Natixis Asset management, a French asset manager. Natixis Asset Management is in fine controlled by BPCE Group, a French banking group active in the banking and insurance a French banking group active in the banking and insurance sectors (i.e., retail banking, commercial banking, investment banking, financial services and real estate services). Mirova specifically focuses on responsible investment managing funds for institutional investors in various asset classes, like renewable energy and core infrastructures, sustainable equities and green bonds.

- GE is a global, diversified manufacturing, technology and services company.

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.