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AREVA GmbH Paul-Gossen-Straße 100 91052 Erlangen, Germany http://www.orano.group/
Contact Ms Anne-Sophie Jugean +33 1 34 96 11 53
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AREVA GmbH

Wind power: AREVA exercises the option to sell its share in Adwen to Gamesa

(PresseBox) (Paris, )
Following a 3-month competitive bidding process aimed at obtaining and assessing offers from potential third-party investors, the Board of Directors of AREVA S.A. decided to authorize AREVA’s Executive Management to exercise the put option signed on June 17, 2016 and enable AREVA to sell its shares in Adwen to Gamesa.

This decision allows the AREVA Group to:

• maximize the value of its shares in Adwen;

• limit and, in the longer term, cap the amount of cash disbursements related to projects already in operation or currently in the installation phase;

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.