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Written by / Agency / Source: GDF SUEZ | ENGIE

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GDF SUEZ Acquires MAĻA EolMer to Develop Offshore Wind Power in France - GDF SUEZ is announcing the acquisition of 100% of the offshore wind company developer MAĻA EolMer pursuant to an agreement concluded with the MAĻA Group
GDF SUEZ Acquires MAĻA EolMer to Develop Offshore Wind Power in France

 

NewswireToday - /newswire/ - Paris, France, 2011/05/18 - GDF SUEZ is announcing the acquisition of 100% of the offshore wind company developer MAĻA EolMer pursuant to an agreement concluded with the MAĻA Group. FR0010 208488

   
 
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MAĻA Group which is present in public works and renewable energies sectors. This agreement further intensifies the collaboration between GDF SUEZ and the MAĻA Group, who are already partners in the development of onshore wind, through their joint subsidiary MAĻA Eolis.

The acquisition of MAĻA Eolmer will among others enable GDF SUEZ to strengthen its positioning in the regions of Courseulles sur Mer (Calvados) and Fécamp (Seine-Maritime), for the tender offer to install five wind farms off the French coasts. For close to four years now, MAĻA EolMer has been studying several development sites, in particular in Haute and Basse Normandie.

MAĻA Eolis is a 49% subsidiary of GDF SUEZ and a major wind power player in France, with 198 MW of installed capacity.

About GDF SUEZ

GDF SUEZ (gdfsuez.com) develops its businesses 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 218,350 people worldwide and achieved revenues of €84.5 billion in 2010. The Group is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone and ECPI Ethical Index EMU.

Press contact:
T: Belgium: +32 2 510 76 70

Investor relations contact:
T: +33 (0)1 44 22 66 29 / E: ir[.]gdfsuez.com.

 
 
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Written by / Agency / Source: GDF SUEZ | ENGIE

 
 

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GDF SUEZ Acquires MAĻA EolMer to Develop Offshore Wind Power in France

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GDF SUEZ |
Publisher Contact: Press Office - GDFSUEZ.com 
+33 (0)1 44 22 24 35 gdfsuezpress[.]gdfsuez.com
 
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