EDF Signs Two Energy-Service Contracts in China
09 Gennaio 2018 - 1:39PM
Dow Jones News
By Euan Conley
Electricite de France SA (EDF.FR) said Tuesday that it has
signed two energy-service contracts in China.
The first contract was reached with Sanya municipality in Hainan
province, and covers the design, construction and 30-year operation
of a network of chilled water and hot-water production stations,
EDF said. It will be jointly run with local partner Changfeng
Energy Inc. (CFY.V), the French company said.
EDF said that it concluded the second contract with the town of
Lingbao in Henan province. The contract regards the construction
and operation of a 35-megawatt biomass-cogeneration plant for 30
years, the company said.
"The two new contracts consolidate the group position in China
and fit in with our strategy CAP 2030, which plans to triple EDF
activity abroad in countries with high growth by the year 2030,"
said Jean-Bernard Levy, EDF's chairman and chief executive.
Mr. Levy signed the two contracts during French President
Emmanuel Macron's ongoing state visit to China, EDF added.
Write to Euan Conley at euan.conley@dowjones.com
(END) Dow Jones Newswires
January 09, 2018 07:24 ET (12:24 GMT)
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