M/22/014 – CPPIB/GIM/OCL/Origin/Octopus Energy/JV
Transaction details
The proposed acquisition by Canada Pension Plan Investment Board of joint control of Octopus Energy Group Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Tuesday March 22, 2022 | Wednesday, April 6, 2022 |
| Parties Involved | Business activities |
|---|---|
| Canada Pension Plan Investment Board | Canada Pension Plan Investment Board ("CPPIB) is a professional investment management organisation that invests the funds transferred to it by the Canada Pension Plan. CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments and has offices around the world. |
| Generation Investment Management LLP | Generation Investment Management LLP ("GIM") is an investment management firm registered in the United Kingdom. GIM's principal activity is the provision of investment management services to institutional |
| Octopus Capital Limited | Octopus Capital Limited ("OCL") is the ultimate parent entity of the Octopus Group. The Octopus Group is active in various sectors through different business groups, including Octopus Energy, Octopus Investments, Octopus Ventures, Octopus Real Estate, Octopus Wealth, Octopus Moneycoach and Seccl. |
| Origin Energy International Holdings | Origin Energy International Holdings ("Origin") is an Australian listed public energy company with headquarters in Sydney, Australia. Origin is active across four main sectors: (i) supply of electricity, natural gas, LPG (liquefied petroleum gas), and solar; (ii) development of renewable projects; (iii) gas exploration and production; and (iv) |
| Octopus Energy Group Limited | Octopus Energy Group Limited's ("Octopus Energy") primary activities are the retail supply of electricity and gas, management |
| Economic sector | Media merger |
|---|---|
| Energy and Utilities | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, April 4, 2022 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Lewis O Shea | lewisoshea@ccpc.ie |
Media enquiries: communications@ccpc.ie
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