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GDF SUEZ is part of the Japanese tender for the construction and operation of the Sinop nuclear power plant in Turkey.

May 3, 2013

GDF SUEZ welcomes the signature of the inter-governmental agreement between Turkey and Japan, which provides for the construction of a nuclear power plant at Sinop in Turkey. The choice by the Turkish authorities of the 3rd generation ATMEA1 reactor is excellent news. GDF SUEZ has always pushed the development of this technology, as it is perfectly suited to the requirements of many countries that want to develop or include nuclear power in their energy mix.

GDF SUEZ is taking part in the project, by providing its expertise as a nuclear power developer and operator. The Group’s contribution will begin with feasibility studies for the site, followed by a thorough assessment of the pre-conditions from a financial, business, legal and regulatory perspective. These studies will enable the Group to make a long-term commitment to its participation as joint investor and joint operator alongside the Japanese and Turkish parties.
Gérard Mestrallet said: “We are delighted to be part of this project along with our Japanese partners MHI and Itochu and with our Turkish partner EÜAŞ which enables the French nuclear industry to develop its offer abroad. Turkey has always been an important country for GDF SUEZ. We have been operating in the country for several decades, across all activities. The trust that has been placed in us through this project is formal confirmation of our commitment to the country and our nuclear expertise.
GDF SUEZ operates across all its business lines in Turkey. In particular, the Group operates the Baymina (770 MW) and Uni-Mar (488 MW) power plants, it operates Izgaz, the country’s third largest natural gas transmission network, and has also established a presence in energy and environmental services.

GDF SUEZ develops its businesses (electricity, natural gas, services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. GDF SUEZ employs 219,300 people worldwide and achieved revenues of €97 billion in 2012. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone, Vigeo World 120, Vigeo Europe 120 and Vigeo France 20.

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