wind

France

France’s Areva, Suez GDF poised for offshore wind energy partnership

French energy giant Areva is on the verge of announcing a partnership with GDF Suez to develop offshore wind projects, according to a report in Les Echos, a daily financial paper published in France.
France’s Areva, Suez GDF poised for offshore wind energy partnership

According to the report written by Emmanuel Grasland, the two firms are also in advanced negotiations with the construction group, Vinci.

The Les Echos report says Danish DONG Energy has also been approached about its interest.

Although France has been slow to embrace the potential of offshore wind, it is due to offer €10 billion in concessions for wind power projects early next month.

Areva, originally a nuclear power company, entered the wind energy sector in 2oo7 when it bought German Multibrid. Les Echos appears to believe the company will build a new wind turbine factory in France as part of its bid on the concession.

GDF Suez brings the partnership a depth of experience in the utility sector, while Vinci would bring much-needed skills in civil engineering to the table.

DONG Energy, would sweeten the deal still further, as it already operates nearly a dozen wind farms in northern Europe, and has over 20 years’ experience in the sector.

Eventually, GDF Suez and Areva will also partner with a project developer to keep the tight schedule imposed by the government. Proposals must be submitted by 30 November 2011.

For additional information:

Les Echos

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