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Merger Notification - Announcement according to § 10 Cartel Act

STEAG Power GmbH; Siemens Project Ventures GmbH; 3. Battery System GmbH - BWB/Z-7538 | Bundeswettbewerbsbehörde

STEAG Power GmbH; Siemens Project Ventures GmbH; 3. Battery System GmbH

BWB/Z-7538

02.11.2026

On 30.10.2026 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Acquisition of 50% of the shares in 3. Battery System GmbH (Germany) by Siemens Project Ventures GmbH (Germany) and, as a result, acquisition of joint control by Siemens Project Ventures GmbH (Germany) together with STEAG Power GmbH (Ger many) over 3. Battery System GmbH (Germany). The transaction concerns the con struction and operation of a battery energy storage facility at the Bergkamen site (Germany).

D - ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY D 35 - Electricity, gas, steam and air conditioning supply, D 35.1 - Electric power generation, transmission and distribution, D 35.16 - Storage of electricity

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.11.2026.

Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.

Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.

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