EDF Energies Nouvelles S.A. is exclusively negotiating the potential acquisition of a majority stake in French wind power producer Futuren SA (ENXTPA:FTRN). The renewables arm of Electricité de France S.A. (EPA:EDF) has offered to pay €1.15 per share and €9.37 per convertible bond (OCEANE). The bid is directed towards various investment funds managed by Boussard & Gavaudan and some other investors, together holding 61.6% of Futuren's ordinary shares and 96% of its OCEANEs.

The target noted that its board of directors had unanimously welcomed the offer. In the event that the proposed transaction is implemented, EDF EN would be required to launch a simplified tender offer (OPAS) over all remaining shares and OCEANEs. Any transaction would be subject to regulatory clearance.