EDF Energies Nouvelles (Paris:EEN) has announced the signature of a new framework agreement with REpower covering the delivery of 690 MW in turbines for its wind farm projects in Europe and the United States.
The agreement consists of a firm order of 400 MW (50% for Europe and 50% for the United States) plus an option on a further 290 MW (250 MW for the United States and 40 MW for Europe). The turbines are due to be delivered in 2009 and 2010.
This order represents another framework agreement signed by EDF Energies Nouvelles with one of the world's leading manufacturers to secure its supply of turbines around the world.
About EDF Energies Nouvelles
Founded in 1990, EDF Energies Nouvelles is a world-class player in the green electricity generation market, with gross installed capacity of 1,188 MW worldwide at 30 June 2007 (including net capacity of 868 MW), plus 1,199 MW in gross capacity under construction (including 630 MW net). With a presence in 9 European countries and in the United States, EDF Energies Nouvelles operates in four renewable energy segments (wind, solar, biomass and hydro). Wind energy currently accounts for more than 80% of its installed capacity. With its unique profile as an integrated operator, EDF Energies Nouvelles, which posted 2006 revenues of 334.8 million and EBITDA of 91.8 million, has a presence spanning the entire value chain, from development and construction through to production and operations & maintenance. The Group also pursues the development and sale of structured assets, which consists primarily in selling renewable energy generating assets to individuals or to energy services companies. EDF Energies Nouvelles is a 50%-owned subsidiary of the EDF group.
Since 28 November 2006, EDF Energies Nouvelles has been listed in Compartment A of Eurolist by Euronext Paris.