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EDF Wins 3 French Offshore Wind-Farm Tenders -Report

04/06/2012 | 04:14am US/Eastern
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French state-controlled power group Electricite de France SA (>> EDF) has won three of the five offshore wind-farm tenders held by the French government, while rival GDF Suez SA (>> GDF SUEZ) didn't win any bid, French daily Le Figaro reports Friday, without citing sources.

The government was expected to publish the results of the bids Friday.

EDF won the offshore wind-farm projects of Courselles-sur-Mer and Fecamp, in Normandy, as well as the Nazaire project on the western coast of France.

EDF is part of a consortium that includes French engineering firm Alstom SA (>> ALSTOM), which designed the windmill prototype that EDF plans to install on the farms.

A fourth project off the coast of Britanny, in the north-west of the country, was won by Spain's Iberdrola SA (>> Iberdrola SA), while the fifth project tender, for which GDF Suez had bid, has been declared unsuccessful, Le Figaro also reports.

Newspaper website: http://www.lefigaro.fr

-By Paris Bureau, Dow Jones Newswires; 33-1-4017 1740

Stocks mentioned in the article : EDF, GDF SUEZ, ALSTOM, Iberdrola SA
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