Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Electricité de France    EDF   FR0010242511

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

EDF : French offshore wind energy call for tenders: The European Consortium led by the EDF Group wins 3 projects

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/06/2012 | 02:28pm CEST

Paris, April 6, 2012. The European Consortium led by the EDF Group has won the French offshore wind energy call for tenders for the Saint-Nazaire, Courseulles-sur-Mer and Fécamp projects. These projects, corresponding up to 1,500 MW of new installed capacity, go hand in hand with an ambitious industrial plan which should create about 7,500 direct and indirect jobs, notably with the manufacturing of Alstom's Haliade 150 wind turbine. The foundations are set for a new industry which will serve export markets.The wind energy offshore projects of the Consortium implie the construction of four Alstom facilities in Saint-Nazaire and Cherbourg to manufacture all of the key components of the Haliade 150 next-generation wind turbine, leading to the creation of 5,000 long-term and qualified jobs, including 1,000 direct jobs.At the same time, local units for the construction of the foundations, assembly of the wind turbines and their installation offshore will be set up by the Consortium, as well as operation and maintenance centers for the wind farms. This scheme represents the creation of about 2,500 jobs.", stated Henri Proglio, CEO of EDF. "", added Patrick Kron, CEO of Alstom. "This European Consortium has been formed by EDF Energies Nouvelles, and is gathering together in a partnership Danish group DONG Energy, Nass&Wind Offshore and wpd Offshore, with Alstom as its exclusive turbines supplier. It submitted four projects last January which are underpinned by detailed technical and environmental studies as well as a successful consensus with local stakeholders - elected officials, fishermen, municipal authorities and neighbours.This offshore wind energy programme represents a unique opportunity for France to revitalise the regions while building up a carbon emission-free energy industry.

About Nass&Wind Offshore
Nass & Wind Offshore has been developing for four years an offshore wind projects portfolio that represents more than 1,000 MW. Substantial human and financial resources and a methodology based on best practices implemented in Northern Europe have allowed the company to carry out impact studies and additional technical studies necessary to ensure the technical and financial viability of the developed projects. Nass & Wind Offshore is a subsidiary of French group Nass & Wind, based in Lorient (56). For more information, please visit www.nass-et-wind.com

About wpd offshore
wpd Offshore is one of the leader of Offshore Wind in Europe, with 10GW under development and 2GW already consented.
wpd Offshore achieved last summer the construction of Baltic I WindFarm (21 WTGs, 1st German WindFarm in Baltic Sea). The group is in the procurement and construction phase for 2 others projects: Baltic II (320 WTGs, between 3 countries - Germany, Denmark, Sweeden) and Butendiek (80 WTGs, Germany).
In France, wpd Offshore develops many projects since 2007. Technical and Environmental studies on these areas were key factors for the development of these projects, together with the knowledge and consideration of local stakeholders.
www.wpd-offshore.fr

About DONG Energy
DONG Energy is one of the leading energy groups in Northern Europe. We are headquartered in Denmark. Our business is based on procuring, producing, distributing and trading in energy and related products in Northern Europe. We have approximately 6,000 employees and generated DKK 57 billion (EUR 7.6 billion) in revenue in 2011. For further information, see www.dongenergy.com .

About EDF Energies Nouvelles
With operations in Europe and North America, EDF Energies Nouvelles is a market leader in green electricity production. With a development focused on wind energy for several years and more recently on solar photovoltaic, the Group is also present in other segments of the renewable energies market: small hydro, marine energy, biomass, biofuel and biogas. In addition, the Group is expanding in the distributed renewable energies sector. EDF Energies Nouvelles is a subsidiary of the EDF Group. For more information, please visit www.edf-energies-nouvelles.com .

About Alstom
Alstom is a global leader in the world of power generation, power transmission, and rail infrastructure and sets the benchmark for innovative and environmentally friendly technologies. Alstom builds the fastest train and the highest capacity automated metro in the world, provides turnkey integrated power plant solutions and associated services for a wide variety of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of solutions for power transmission, with a focus on smart grids. The Group employs 92,000 people in over 100 countries and registered sales of €20.9 billion in 2010/11.
www.alstom.com
distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ELECTRICITÉ DE FRANCE
07/13 ELECTRICITE DE FRANCE : EDF partially waives one of the conditions precedent con..
07/12 EDF : EDF partially waives one of the conditions precedent contained in the Arev..
07/10 ELECTRICITE DE FRANCE : Binding agreements signed with strategic investors for t..
07/10 EDF : Binding agreements signed with strategic investors for the acquisition of ..
07/08 Veolia has leeway for multi-billion euro acquisition, CEO says
07/03 ELECTRICITE DE FRANCE : Clarifications on Hinkley Point C project
07/03DJUK Energy Regulator Seeks Fairer, More Competitive Market
07/03DJELECTRICITE DE FRANCE : EDF Raises Hinkley Point Completion Costs by GBP1.5 Bill..
07/03 EDF : Clarifications on Hinkley Point C project
06/29 ELECTRICITE DE FRANCE : Approval of the Flamanville 3 EPR’s vessel by the ..
More news
News from SeekingAlpha
07/03 Hinkley Point reactor another £2.2B over budget, EDF says
05/23 Electricité de France S.A. (ECIFF) Investor Presentation - Slideshow
05/19 REUTERS : EDF's plan to acquire Areva stake to be approved by EU regulators
05/14 Electricite de France's (ECIFF) on Q1 2017 Results - Earnings Call Transcript
05/09 Electricite de France SA reports Q1 revenue
Financials (€)
Sales 2017 69 479 M
EBIT 2017 5 838 M
Net income 2017 2 267 M
Debt 2017 42 276 M
Yield 2017 4,10%
P/E ratio 2017 10,96
P/E ratio 2018 11,90
EV / Sales 2017 0,97x
EV / Sales 2018 1,00x
Capitalization 25 186 M
Chart ELECTRICITÉ DE FRANCE
Duration : Period :
Electricité de France Technical Analysis Chart | EDF | FR0010242511 | 4-Traders
Technical analysis trends ELECTRICITÉ DE FRANCE
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 9,68 €
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Jean-Bernard Lévy Chairman & Chief Executive Officer
Xavier Girre Senior Executive Vice President-Group Finance
Christophe Salomon Head-Information Systems
Bruno Lafont Independent Director
Jacky Chorin Director
Sector and Competitors
1st jan.Capitalization (M$)
ELECTRICITÉ DE FRANCE-2.82%29 365
NATIONAL GRID PLC0.25%42 502
ENGIE11.96%38 529
SEMPRA ENERGY14.20%28 828
PPL CORP13.22%26 336
E.ON24.79%21 457