News

July 13th 2012

Acquisition of 44 wind turbines in France

 

EOS Holding, in conjunction with Groupe E and Lausanne City Council, through its renewable energies company SI-REN, announce the acquisition of eight wind farms in France. Located in central and northern France, these wind farms comprise 44 wind turbines with an annual production of 203 million kilowatt-hours (kWh), equivalent to the average annual power consumption of 50,000 households. This investment makes EOSH one of Switzerland’s leading producers of electricity from wind energy. With this acquisition, the wind farms owned by EOSH now operate a total of 142 wind turbines with an annual output of 550 million kWh, or sufficient power to cover the needs of 137,500 households. By participating in this acquisition, Groupe E and Lausanne City Council, shareholders of EOS Holding, have found an opportunity to increase their own electricity production while expanding their experience in the sphere of wind power.

In June 2012, EOS Holding (EOSH), Groupe E and Lausanne City Council acquired eight wind farms in France. Situated mostly in the northern half of France, in Picardie, Champagne-Ardenne and Poitou-Charentes, these wind farms comprise 44 wind turbines with a total installed capacity of 88 megawatts (MW) and an annual production of 203 million kWh.

Groupe E has acquired 66% of the shareholding in the wind farm Les Grandes Chapelles, thus taking advantage of the opportunity to increase its production of energy from renewable sources, to master the management and operation of this type of production and to develop its experience in wind turbine technology.

Lausanne City Council, already a partner in the Rhônéole and Valéole wind farms in the Valais, has acquired a 51% share in the Monts Bergerons 1 wind farm in order to expand its experience in wind turbine operation.

In 2009 the EOSH shareholders - Romande Energie, Services Industriels de Genève, Groupe E, Lausanne City Council and FMV – decided on a strategy of development in the sphere of new renewable energies. In the wind energy sector, the objective was to reach an installed capacity of 250 MW in Germany and France. By acquiring these wind farms, EOSH achieves this objective thanks notably to the participation of Groupe E and Lausanne City Council.

With this acquisition, Groupe E and Lausanne City Council are developing their power generation stock in accordance with the 2050 strategy of the Swiss Federal Council which has decided to pull out of nuclear power, to increase production of electricity from renewable sources and to reduce overall energy consumption.

Power for nearly 137,500 households
This investment makes EOSH and its shareholders one of the leading Swiss producers of electricity from wind energy. With a total production of around 550 million kWh per year, the 142 wind turbines owned by EOSH supply sufficient power to cover the annual needs of 137,500 households (4,000 kWh/household/year). The buyers of these eight wind farms are thus turning towards energy from renewable sources at a time when this represents a major energy challenge more than ever.

Photos to download: www.groupe-e.ch/news

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