EDF Renewables Inc. Signs Power Purchase Agreements for 49.2 megawatts of Wind Energy

Montréal, Québec, March 24, 2011: EDF Renewables Inc. – an EDF Energies Nouvelles Company (PARIS: EEN), today announced it has signed two 20-year power purchase agreements (PPA) with Hydro-Québec for wind energy projects totalling 49.2 MW.

EDF Renewables Inc. has joined with MRC du Granit and MRC de la Mitis for the development of two 24.6 MW wind projects, respectively. Hydro-Québec awarded the projects in December 2010 as a result of the 2009 Hydro-Québec call for tenders, which was focused on community projects. Both projects will utilize the REpower 2.05 MW turbine with anticipation of electricity delivered in late 2014.

“The signing of the PPAs marks another success for EDF Renewables Inc. following the recent acquisition of the remaining ownership interest of Montreal based Saint Laurent Energies (SLE),” said Al Kurzenhauser, Vice President of EDF Renewables Inc. “SLE will manage the development and construction of these two community projects from EDF Renewables Inc.’s Montreal office.”

“The last 4 years have been very difficult for our region especially for the manufacturing and logging industries, where the outlook is very bleak. Wind energy has much to offer to our communities,” declared André St-Marseille, President of Énergie du Granit Inc. “It’s an additional source of revenue which will also create jobs within our county. We are very proud to be partners in this project.”

“For our municipalities, the wind from our county will generate an interesting source of revenue and the signing of the contract with Hydro-Quebec Distribution has brought this partnership full circle. We are very proud to be working with EDF Renewables and Saint-Laurent Énergies.” said Michel Côté, Prefect of the MRC de La Mitis.

EDF Renewables Inc. now has over 1 GW of wind energy in development in Quebec, including five wind projects totaling 954 MW which were won in the 2007 Hydro-Québec RFP. Construction of the first of these five projects is expected to commence in the second half of 2011 with operations between 2012 and 2015.
The PPAs are subject to approval by the Quebec Energy Board. Construction will commence following the obtainment of all required governmental and municipal permits, approvals and environmental authorizations

About EDF Renewables Inc.:
EDF Renewables Inc. – an EDF Energies Nouvelles Company, is a market leader in renewable energy development, with an integrated approach that covers every aspect of project origination and implementation through to electricity generation, operations and maintenance. The company offers financial strength, technical innovation and an unmatched commitment to customer service. EDF Renewables Inc. draws on the market leadership of enXco, Inc., EDF Energies Nouvelle’s US affiliate. With 4,512 MW of renewable energy projects in service or under construction worldwide, EDF Energies Nouvelles is at the forefront of renewable energy development. www.edf-en.ca

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