Neoen Group, a French company operating renewable energy
generation projects, joined a consortium between French and
Portuguese utilities GDF Suez (GSZ.FR) and EDP Renovaveis SA
(EDPR.LB) to bid for tender offers for offshore wind farms in
France.
MAIN FACTS:
- The consortium is made up of GDF SUEZ (47%), EDP Renovaveis
(43%), and Neoen Marine (10%).
- Neoen Marine is a subsidiary of the Neoen Group (80% stake),
which has operating and construction assets totaling 200 MW, and
the Caisse des Dépôts (20%), and specializes in offshore renewable
energy.
- Neoen Marine will provide the consortium with its recognized
experience as a developer in the Yeu-Noirmoutier region and its
local knowledge, including detailed analysis of the coastline,
current usage, and technical aspects. With the support of Caisse
des Dépôts, one of its shareholders, Neoen Marine will also
strengthen the territorial anchorage already laid down by the
consortium.
- The consortium will also rely on an industrial partnership
with Areva (AREVA.FR) as regards the design and the construction of
off-shore wind turbines.
-Write to Inti Landauro at inti.landauro@wsj.com
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