EDF Energies Nouvelles signs a new global framework agreement with Vestas

Under the framework agreement, Vestas commits to favorable terms and conditions for firm orders of onshore wind turbines to be placed by EDF EN for delivery over the 2012-2014 period.

In return, EDF Energies Nouvelles commits to purchasing Vestas wind turbines for at least 50% of the European and 30% of the US projects currently under development, for which the supply of equipment has not yet been secured.

Within this frame agreement, EDF Energies Nouvelles has signed today, as a first step, orders for a total capacity of 180 MW for projects in Europe.

Ditlev Engel, President and CEO of Vestas Wind Systems A/S, said: “This frame agreement is the result of a close collaboration and a strong relationship between EDF EN and Vestas, and I would like to thank EDF EN for their trust in our technology, our employees and our capabilities.”

David Corchia, Chief Executive Officer of EDF Energies Nouvelles, commented: “This agreement is the result of a thorough consultation and negotiation process with several global manufacturers. The competitiveness of Vestas products, its extensive range and its high-quality services made the difference. I am delighted as this partnership will strengthen the relationship of trust that our two groups have built over nearly 10 years,” he concluded. “In addition, it gives us both the visibility we need to pursue our respective developments. We will likely sign further supply agreements with other longstanding partners, but this is no doubt a major and crucial deal that will enable us to provide competitive renewable energy solutions.”