M/24/036 – Brookfield / Neoen
Transaction details
The proposed acquisition by Brookfield Renewable Holdings SAS, ultimately controlled by Brookfield Corporation, of sole control of Neoen SA has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday June 20, 2024 | Monday, July 8, 2024 |
| Parties Involved | Business activities |
|---|---|
| Brookfield Corporation | Brookfield Corporation is a global alternative asset manager with an investment focus on renewable power and transition, infrastructure, private equity, real estate and insurance. It has joint control over Brookfield Oaktree Holdings, LLC, which is a global investment management company with a focus is on corporate credit, private equity, real assets and listed equities. |
| Brookfield Renewable Holdings SAS | Brookfield Renewable Holdings SAS is a private limited liability company incorporated under the laws of France. It is indirectly under the control of Brookfield Corporation. |
| Neoen SA | Neoen SA is a limited company incorporated under the laws of France. Neoen SA is global independent power producer, exclusively focused on renewable energies (wind and solar power) and battery energy storage system projects (BESS). It specializes in the development, construction, financing, operation, and management of wind farms, solar power plants, and BESS across Europe, Australia, the Americas, and Africa. In the State, it is active in the development, construction, and operation of wind farms, solar power plants, and BESS and in the generation and wholesale supply of electricity. |
| Economic sector | Media merger |
|---|---|
| Energy and Utilities | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Friday, July 5, 2024 | |
| Current status: Completed |
|---|
| Simplified Merger Notification |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Helene Hololei | helenehololei@ccpc.ie |
| Lucy Roche | lucyroche@ccpc.ie |
Media enquiries: communications@ccpc.ie
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