EDF Énergies Nouvelles

EDF Énergies Nouvelles

Type	S.A. (corporation)
Industry	Energy
Founded	Paris, France (2004)
Founder	Pâris Mouratoglou
Headquarters	Paris, France
Key people	Antoine Cahuzac (CEO)
Products	Electricity generation and development.
Revenue	€1.294million (2013)[1]
Net income	€122 million (2013)[1]
Number of employees	3050 (2013)[1]
Parent	Électricité de France
Website	edf-energies-nouvelles.com

EDF Énergies Nouvelles is a French renewable energy Group, present in 18 countries worldwide. As an integrated operator, the Group develops and finances the construction of renewable energy facilities, and manages operations and maintenance for its own account and for third parties. Wind power is the primary sector of activity of EDF Energies Nouvelles. It represents more than 85% of EDF Energies Nouvelles' total installed capacity mainly spread over North America and Western Europe. Solar photovoltaic development is EDF Energies Nouvelles' second growth priority. EDF Energies Nouvelles is a wholly owned subsidiary^[2] of French electric utility EDF. EDF Energies Nouvelles is primarily involved in the production of wind power in Europe and the United States, although it is investing heavily in solar energy. It also has interests in ocean power and biofuels.

History

1999 : First investments in wind energy of SIIF, founded by Pâris Mouratoglou.

2000 : EDF acquires of a 35% stake in SIIF Energies.

2002 : EDF raises its shareholding up to 50%. EDF Energies Nouvelles enters the US market and acquires EnXco that become EDF Renewable Energy.

2004 : SIIF Energies changes its name to EDF Energies Nouvelles.

2006 : IPO (Euronext Paris).

2007 : the Group ramps-up in the solar photovoltaic segment and diversifies in new sectors of activity such as biogas and marine energies.

2011 : EDF owns 100% of EDF Energies Nouvelles. EDF Energies Nouvelles withdraw from Euronext Paris.

2012 : Ramps-up in the offshore wind energy segment and entries in four new countries: Poland, Israel, Morocco, South Africa.

2013 : New market conquest: India.

Onshore and offshore wind power

With 87% of its total installed capacity mainly spread across Europe and North America, wind power has become EDF Energies Nouvelles' primary sector of activity. Wind energy is the main growth driver of EDF Energies Nouvelles.
On June 2014, EDF Energies Nouvelles accounts 6 249 MW of wind power in operation and 2 130 MW of wind power under construction in about 14 countries.

The Groupe has also become a leading player in offshore wind power, with two offshore windfarms owned in Belgium (C-Power) and in the UK (Teeside).

EDF Energies Nouvelles pursues its development on its two core markets :

• France with three structuring projects, won in a French Government's call for tenders^[3] representing around 1 500 MW in Saint-Nazaire,^[4]Courseulles-sur-Mer^[5] and Fécamp;^[6]

• United Kingdom with a project of 900 MW.

Photovoltaic solar sector

Solar represents the second axis of development of EDF Energies Nouvelles. The Company develops ground-based PV plants. In France, EDF Energies Nouvelles supplies in-roof solar solutions for private consumers and professionals. It has activities in the solar power industry across 8 countries and has a gross 705 MW of solar power in operation and 139 MW in construction.

References

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