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30
Oct
2018

Offshore wind turbines of the islands of Yeu and Noirmoutier: green light for ENGIE, EDPR and la Banque des Territoires

Attributed to the company EMYN (Eoliennes en Mer Iles d’Yeu et de Noirmoutier) in June 2014, the project for the grounded offshore wind farm off the islands of Yeu and Noirmoutier is taking shape. Having obtained on October 29, 2018 the necessary prefectural* authorisations, EMYN, supported by ENGIE, EDPR and la Banque des Territoires, will now be able to prepare the construction of the farm (foundations, electric substation, etc.) and proceed with the calls to tender for subcontractors to manufacture and install the components.

The grounded offshore wind projects of the islands of Yeu and Noirmoutier, as well as that of Dieppe Le Tréport, also being developed by ENGIE, EDPR and la Banque des Territoires, will lead to the creation of nearly 3,000 direct and indirect jobs. These jobs will come into effect during the construction and operation phases of the farms, notably via the two Siemens Gamesa factories planned at Le Havre and set to be operational in 2021.

With the development of these two farms (1 GW of cumulative power), as well as the pilot project for a floating wind farm in the Mediterranean, the group of companies ENGIE – EDPR – Banque des Territoires confirms its ambitions in the offshore wind market and its active participation in the consolidation of a French industrial sector.

The commissioning of these three farms will help France to achieve its key objectives in terms of offshore wind turbines installed by 2023 and demonstrate the fundamental role of each technology in ultimately achieving a diversified energy mix.

*The authorisation of the Vendée Prefect concerns the concession of use of the public maritime domain and the request under article L. 214-3 of the Environment Code ("Water Law" authorisation), concerning the project’s impact on the aquatic environment.

About ENGIE

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

About EDP Renewables (EDPR)

EDP Renewables (Euronext: EDPR) is a global leader in the renewable energy sector and the world’s fourth-largest wind energy producer. With a sound development pipeline, first class assets and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 13 markets (Belgium, Brazil, Canada, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK and the US). 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. EDPR has featured on the Dow Jones Sustainability Index for ten consecutive years.
For more information, visit www.edpr.com

About Banque des Territoires

Set up in 2018, Banque des Territoires is one of Caisse des Dépôts' five areas of expertise. It brings together within a single structure all of our in-house expertise for local areas. As a one-stop shop for customers, it provides bespoke solutions in terms of consulting and financing through loans and investment to meet the needs of local authorities, social housing bodies, local public undertakings and the legal professions. It has been set up to serve the interests of all local areas alike, from rural municipalities to large cities, with the ambition of combating social inequality and territorial divisions. Banque des Territoires is also a brand that is being rolled out across Caisse des Dépôts' 16 regional managements and 35 territorial offices so as to resonate more meaningfully with our customers, in their neighbourhoods.

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