Following the success of the public withdrawal offer (OPR) operation followed by a compulsory withdrawal, initiated in October 2019 by EDF Renouvelables and EDF Energies Nouvelles Belgium, FUTUREN has been since December 20, 2019 a subsidiary owned at 100% by the EDF Renewables group.
At the same time, FUTUREN shares were delisted from the regulated market of Euronext Paris on the same date, December 20, 2019.
Following the compulsory withdrawal of FUTUREN shares, the banking establishment responsible for centralizing the compensation operations paid the former FUTUREN shareholders all of the compensation due to them. For the record, the amount of compensation was 1.15 euros per FUTUREN share, in line with the price of the public buyout offer initiated by EDF Renouvelables and EDF Energies Nouvelles Belgium.
About EDF Renewables
EDF Renewables is an international leader in renewable electricity with an installed capacity of nearly 12.5 GW gross worldwide. Its development is mainly focused on wind power and photovoltaic solar power. Mainly present in Europe and North America, EDF Renewables continues its development by taking a position in promising emerging markets such as: Brazil, China, India, South Africa and the Middle East. The Company, which is strongly positioned in the offshore wind sector, is also present in other renewable energy sectors such as energy storage. EDF Renewables ensures the development and construction of renewable energy projects as well as their operation and maintenance, for its own account and on behalf of third parties. EDF Renouvelables is the subsidiary of the EDF group dedicated to the development of solar and wind energy.
For more information : www.edf-renouvelables.com
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PRESS CONTACTS
Manon of Cassini-Hérail ▪ tel. : +33 (0)1 40 90 48 22 ▪ email: manon.decassini-herail@edf-en.com