ENGIE and EDPR welcome the confirmation of their offshore wind projects in France

June 20, 2018

ENGIE and EDPR welcome the confirmation by the President of the Republic of the Dieppe-Le Tréport and Yeu-Noirmoutier offshore wind projects. The decision of the Head of State puts an end to a period of uncertainty for an industrial sector that will create jobs. This wind generation capacity is necessary for France's energy transition and for meeting its commitments in the fight against climate change.

The efforts and goodwill of all (project leader, State...) in the negotiations conducted under the aegis of Mr. Gérard Rameix made it possible to reach this balanced solution. ENGIE and EDPR made every effort to bring the negotiations to a successful conclusion while defending the industrial plans associated with the projects. This is therefore very good news for France and for the territories that have invested considerably in this sector. The encouragement and continued support of the territories contributed significantly to this positive conclusion.

The construction and commissioning of the two offshore wind projects in Dieppe-Le Tréport and Yeu-Noirmoutier will enable the construction of the two plants planned in Le Havre and the creation of nearly 3,000 direct and indirect jobs, mobilized during the construction and operation phases of the wind farms.

We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated - low-carbon, high-performing and sustainable - offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow. 2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).

To learn more : www.engie.com

EDP Renewables (Euronext: EDPR) is a global leader in the renewable energy sector and one of the largest wind energy producers in the world. Boasting top quality assets, EDPR has seen impressive growth over recent years and is currently present in 12 markets worldwide (Belgium, Brazil, Canada, France, Italy, Mexico, Poland, Portugal, Romania, Spain, the United Kingdom and the United States). EDPR is a major player in renewable energy in France, operating 410 MW of onshore installed capacity. It also owns a stake in the Dieppe/Le Tréport and Yeu/Noirmoutier offshore wind farms. The company is committed to supporting France’s energy transition over the long term with its expertise and resources, both human and financial. Energias de Portugal, S.A. (“EDP”), the principal shareholder of EDPR, is a global energy company and a leader in value creation, innovation and sustainability. EDP is Portugal's largest industrial group and the only Portuguese company to be listed on the Dow Jones Sustainability Indexes (World and STOXX). 

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