EDF Renewable Energy leverages the knowledge, strength and stability of the EDF group, the leading electricity company in the world.
SAN DIEGO, California (August 20, 2012) – enXco, an EDF Energies Nouvelles Company, announces a name change to EDF Renewable Energy. The new brand name is a natural progression of the integration process with the EDF group, the leading electricity company in the world.
Ten years ago, EDF Energies Nouvelles, the EDF subsidiary specializing in renewable energy, acquired enXco, initiating tremendous growth in the company throughout the United States, Mexico and Canada. At the time of the acquisition, the EDF group (Electricité de France) owned 50% of EDF Energies Nouvelles. EDF acquired the remaining 50% of EDF Energies Nouvelles in August 2011, and enXco is now fully integrated within the Group under a new name, EDF Renewable Energy.
EDF Renewable Energy is maintaining the delineation between the Development group and the Operations and Maintenance (O&M) group - formerly enXco Service Corporation - by changing the name of the O&M group to EDF Renewable Services. The services division will continue to perform all required O&M for wind and solar energy projects. With more than 6 gigawatts of power under contract, EDF Renewable Services is the leading provider of third-party operations and maintenance services in North America.
The closer alignment to the EDF group allows EDF Renewable Energy and EDF Renewable Services to capitalize on shared knowledge, financial strength and long-term stability.
"EDF Renewable Energy is an innovative company with dedicated and passionate employees, and we're proud of our 25 years of expertise in the renewable industry, covering all range of services from project development, management to operations and maintenance," said President and CEO Tristan Grimbert. "The full integration with EDF allows for increased global backing, new financial and technical resources, and the stability to expand our business, while maintaining our entrepreneurial spirit. We will continue to work collaboratively with our customers and clients as a local partner, ensuring mutual respect and accountability to deliver the best projects and service possible. The deeper affiliation with EDF will create a stronger U.S. subsidiary poised to meet future challenges."
EDF Renewable Energy specializes in wind, solar, biomass and biogas project design, development, construction, operations and maintenance. It develops, builds, owns and operates renewable energy projects in the U.S. for its own account as well as for third party ownership.
About EDF Renewable Energy:
EDF Renewable Energy - formerly enXco - is a leading U.S. independent power producer with more than 25 years of expertise in the renewable industry, covering all range of services from project development, management to operations and maintenance. EDF Renewable Energy specializes in wind and solar photovoltaic with presence in other segments of the renewable energy market: biogas, biomass, hydro, marine energy and storage solutions. The company develops, constructs, operates and manages renewable energy projects throughout the United States for its own accord as well as for third parties. EDF Renewable Energy's portfolio consists of over 4.5 gigawatts of developed projects with 1.5 gigawatts of installed capacity. EDF Renewable Energy is the U.S. subsidiary of EDF Energies Nouvelles. EDF Energies Nouvelles is the renewable energy arm of the EDF group, the leading electricity company in the world. For more information visit: www.edf-re.com
About EDF Renewable Services:
EDF Renewable Services – formerly enXco Service Corporation – is the leading third-party provider of operations and maintenance services in North America. With 25 years of experience, EDF Renewable Services understands renewable energy facilities represent a substantial investment. The company takes an owner-operator approach to ensure maximum returns on the asset, full project value, and ongoing profitability for new and existing facilities. As part of a global organization with utility-scale wind and solar plants, the company brings depth of experience to every project. With more than 6 gigawatts of wind and solar under contract, EDF Renewable Services is the trusted leader in O&M. For more information visit: www.edf-renewable-services.com