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REGULATION (EC) No 139/2004 MERGER PROCEDURE

Article 6(1)(b) NON-OPPOSITION Date: 08/09/2022

In electronic form on the EUR-Lex website under document number 32022M10791

EUROPEAN COMMISSION

Brussels, 8.9.2022 C(2022) 6571 final

PUBLIC VERSION

Daimler Truck AG Fasanenweg 10 70771 Leinfelden-Echterdingen Germany

NextEra Energy Inc. 700 Universe Blvd. 33408 Juno Beach, Florida United States of America

BlackRock Financial Management, Inc. 40 East 52nd Street, New York New York 10022 United States of America

Dear Sir or Madam,

1.1. On 16 August 2022, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger Regulation, by which Daimler Truck AG (“Daimler Truck”, Germany), NextEra Energy Inc. (“NextEra”, United States of America) and BlackRock Financial Management, Inc. (“BFM”), controlled by BlackRock, Inc. (“BlackRock”, both of United States of America), acquire within the meaning of Articles 3(1)(b) and 3(4) of the Merger Regulation joint control of the whole of the new joint venture (“Target”, United States of America). The

1OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’). With effect from 1 December 2009, the Treaty on the Functioning of the European Union (‘TFEU’) has introduced certain changes, such as the replacement of ‘Community’ by ‘Union’ and ‘common market’ by ‘internal market’. The terminology of the TFEU will be used throughout this decision.

2OJ L 1, 3.1.1994, p. 3 (the ‘EEA Agreement’).

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.

3.concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2. The business activities of the undertakings concerned are the following:

- Daimler Truck focuses on the manufacturing and sale of trucks and buses,

- NextEra is one of the largest electric power and energy infrastructure companies in North America and a leader in the renewable energy industry,

- BFM offers portfolio construction, asset management and investment advisory services. BFM controls and manages the investment decisions of GRP III, a fund which operates globally and focuses on global climate infrastructure investments, primarily in renewable power. BFM is controlled by BlackRock, a company active in the provision of global investment management, risk management and advisory services to institutional and retail clients worldwide,

- The Target will be based in the United States and shall develop, construct, finance, own and operate a publicly available charging point/depot infrastructure, primarily for heavy electric vehicles for long haulage and regional transport and engage as an e-mobility service provider in the United States and Canada in the future.

4.3. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger Regulation and of paragraph 5(a) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EC) No 139/2004.

4. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of the Merger Regulation and Article 57 of the EEA Agreement.

For the Commission

(Signed) Olivier GUERSENT Director-General

3Publication in the Official Journal of the European Union No C 319, 23.8.2022, p. 8.

4OJ C 366, 14.12.2013, p. 5.

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