The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of South Fork Wind, LLC and Revolution Wind, LLC by GIP IV Whale Fund Holdings, L.P. (‘GIP’), all of the US, and Orsted A/S of Denmark.
The transaction relates primarily to the development of offshore wind projects in the US.
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area. 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.11560.