Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of GraphSearch.
Concept
EDF Renewables
Summary
EDF Renewables (formerly EDF Renouvelables) is a wholly owned subsidiary of the French utility EDF Group, specializing in renewable energy production. 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.
According to its own figures, the company is active in 22 countries with an installed global capacity of 12,468 MW (as of June 2019), with wind being the largest sector, followed by solar and energy storage. The company is also involved in marine energy.
The company was formerly known as EDF Energies Nouvelles until it was rebranded in April 2018 to its current name, EDF Renewables.
In 1990, the Société Internationale d'Investissements Financiers – Énergies (SIIF Énergies) was created by Pâris Mouratoglou, a thermal and hydroelectric power plant development company. The firm in 1999 positioned itself in the renewable energy sector and in 2000, Pâris Mouratoglou sold 35% of SIIF Énergies to Électricité de France (EDF).
In 2002, EDF increased its stake in SIIF Énergies to 50%. Two years later, SIIF became EDF Energies Nouvelles (EDF EN), while maintaining the same capital structure. EDF listed EDF Energies Nouvelles on the stock exchange in 2006. Pâris Mouratoglou retained a 25.1% stake of the capital at that time, while EDF held 50%, the balance being the free float on the stock market.
EDF Energies Nouvelles unlisted from the stock market on 15 August 2011, following EDF's buy-out of the remaining 50% stake from Pâris Mouratoglou and the free float, pushing EDF's stake in EDF Energies Nouvelles to 100%.
In 2012, the group increased its involvement in offshore wind energy and entered the markets of Poland, Israel, Morocco and South Africa. A year later, EDF Energies Nouvelles expanded into the Indian market. EDF Energies Nouvelles that year acquired the wind power business of Séchilienne-Sidec (now Albioma) for €59 million. The company entered Brazil and Chile in 2015.
Official source
About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.