Commission clears acquisition of Invenergy Renewables by CDPQ, Blackstone and Invenergy IRH

Daily News 19 / 04 / 2024


News Europa - pubblicata il 23 Aprile 2024


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Source: European Commission Spokesperson's Service  

 

 

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Invenergy Renewables Holdings LLC (‘Invenergy Renewables’) of the US by Caisse de dépôt et placement du Québec (‘CDPQ’) of Canada, Blackstone Inc. (‘Blackstone’) and Invenergy IRH Holdings LLC (‘Invenergy IRH’), both of the US.

The transaction relates primarily to the renewable energy sector.

The Commission concluded that the notified transaction would not raise competition concerns, given that the companies are not active in the same or vertically related markets. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.11484.

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