Case details

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Merger control
Case reference
Ccent/2024/67 - First Sentier Invetico / ENSO
Acquired
Energy Environment and Sustainability, S.L.U.
Description
Limited liability company under Spanish law, whose activity consists of the development, design, construction, operation, maintenance and ownership of bioenergy plants (energy, heat or combined production of heat and electricity), as well as the supply of biomass. In Portugal, Magestop is responsible for the operation and maintenance of two biomass plants, CBV – Central de Biomassa de Viseu, Lda. and CBF – Fundão Biomass Central, Ltda.
Acquiring
First Sentier Invetico S.à r.l.
Description
Investment company controlled by First Sentier Investors (“FSI”), a global investment group. In Portugal, FSI holds exclusive control of the Finerge Group, active in the energy sector, and of Noae Investments, S.A., a holding company whose sole asset is its wholly-owned subsidiary, AEDL – Autoestradas do Douro Litoral, S.A., which operates the Douro Litoral Concession, which integrates three motorways.
Sector
Activity (NACE)
Applicable legislation
Notification thresholds
Type of merger
Cooperation with sector regulators
  • ERSE - Regulatory Authority for Energy Services
Status
Closed
Type of Investigation
Phase 1
AdC’s decision
Non-opposition
Case description

The merger operation consists of the acquisition by First Sentier Invetico S.à r.l. (“First Sentier Invetico”), through its subsidiary Colliston Invest, S.L., of exclusive control over Energy Environment and Sustainability, S.L.U. (“ENSO”), active in Portugal through Magestop – Gestão, Operação e Manutenção de Centrais, Lda. (“Magestop”).

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