Back to EUR-Lex homepage

EUR-Lex Access to European Union law

Back to EUR-Lex homepage

This document is an excerpt from the EUR-Lex website

Use quotation marks to search for an "exact phrase". Append an asterisk (*) to a search term to find variations of it (transp*, 32019R*). Use a question mark (?) instead of a single character in your search term to find variations of it (ca?e finds case, cane, care).
Search tips
Need more search options? Use the Advanced search
You are here

Document 52024M11534

Prior notification of a concentration (Case M.11534 – STONEPEAK / ORSTED / OONA ENERGY) – Candidate case for simplified procedure

PUB/2024/345

OJ C, C/2024/2806, 19.4.2024, ELI: http://data.europa.eu/eli/C/2024/2806/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

ELI: http://data.europa.eu/eli/C/2024/2806/oj

European flag

Official Journal
of the European Union

EN

C series

C/2024/2806

19.4.2024

Prior notification of a concentration

(Case M.11534 – STONEPEAK / ORSTED / OONA ENERGY)

Candidate case for simplified procedure

(Text with EEA relevance)

(C/2024/2806)

1.   

On 10 April 2024, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

—

Stonepeak Partners LP (‘Stonepeak’), United States of America,

—

Orsted Onshore North America, LLC (‘OONA’), United States of America, indirectly controlled by Ørsted A/S (‘Orsted’), Denmark, and

—

OONA Energy Partners 3, LLC (‘Target JV’), United States of America, fully owned by OONA.

Stonepeak and Orsted will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control over the Target JV.

The concentration is accomplished by way of purchase of shares.

2.   

The business activities of the undertakings concerned are the following:

—

Stonepeak is active as a global alternative investment firm specialising in infrastructure and real assets and,

—

Ørsted operates in the field of renewable energies.

3.   

The business activities of the Target JV are the operation of four onshore wind farms in the United States of America.

4.   

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

5.   

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.11534 – STONEPEAK / ORSTED / OONA ENERGY

Observations can be sent to the Commission by email or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

(1)   OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)   OJ C 160, 5.5.2023, p. 1.

ELI: http://data.europa.eu/eli/C/2024/2806/oj

ISSN 1977-091X (electronic edition)

Top