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AREVA and Schneider Electric Join Forces to Develop Offshore Wind Power in France
Developed as part of the offshore wind call for tender program launched by the French government in 2011, these wind farms will not only contribute to France meeting its targets laid down in the EU's Climate and Energy Package, but also firmly establish a French sector of excellence for a promising technology.
Under the terms of the agreement signed by the two groups, Schneider Electric will supply transformers and circuit breakers for AREVA's wind farms. These components will be manufactured at two of Schneider Electric's French industrial sites, located near Metz and Grenoble.
According to Frédéric Abbal, Executive Vice President, Energy Business Schneider Electric's Energy Business, "Schneider Electric is delighted to be designated as AREVA's preferred technology partner for their offshore wind projects. The combination of expertise offered by our two companies proves highly promising for the rapid establishment of a leading French sector of excellence in offshore wind."
Louis-François Durret, CEO of AREVA Renewables, said: "This agreement with Schneider Electric further underscores our commitment to developing a complete industrial sector in France, providing job creation opportunities and harnessing our local expertise."
About Schneider Electric
As a global specialist in energy management with operations in more than 100 countries, Schneider Electric offers integrated solutions across multiple market segments, including leadership positions in Utilities & Infrastructure, Industries & Machines Manufacturers, Non-residential Buildings, Data Centers & Networks and in Residential. Focused on making energy safe, reliable, efficient, productive and green, the Group's 150,000 plus employees achieved sales of 24 billion euros in 2013, through an active commitment to help individuals and organizations make the most of their energy.
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