#52026M12346Prior Notification of Concentration: BCI / Brookfield / NBIM / Mustang AIV JV
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This law pertains to a proposed concentration involving several companies: British Columbia Investment Management Corporation, NBIM Renewable Infra North America, Brookfield Asset Management, and Mustang AIV. The concentration is a joint venture for acquiring control over various renewable energy assets in the United States, specifically solar and wind energy. The European Commission is evaluating the concentration's compliance with the Merger Regulation and has invited interested parties to submit their observations.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- This law establishes a framework for the prior notification of business concentrations in the EU.
- It identifies a candidate case for simplified procedures.
- It invites public input on the proposed concentration.
Obligations
What this law requires
Submit notification of the proposed concentration to the European Commission pursuant to Article 4 of Council Regulation (EC) No 139/2004
Interested third parties must submit observations on the proposed concentration to the Commission within 10 days following the date of publication in the Official Journal
All submissions to the Commission must specify the case reference M.12346 – BCI / BROOKFIELD / NBIM / MUSTANG AIV JV
Submit observations via email to COMP-MERGER-REGISTRY@ec.europa.eu or postal address: European Commission Directorate-General for Competition Merger Registry, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË
The concentration must comply with the EU Merger Regulation (Council Regulation (EC) No 139/2004) and obtain European Commission clearance before completion