Joseph Fonio, Country Chair RWE Renewables France: “Thanks to the excellent work of the entire team we got Les Pierrots connected to the grid on schedule. Our colleagues can draw on the combined experience of many years in developing and constructing wind farms and have extensive knowledge of the specific local conditions. I also want to thank all local stakeholders who have supported the Les Pierrots project every step of the way.”

Lasting collaboration

RWE has entered into a three-year power purchase agreement (PPA) with Statkraft for Les Pierrots. The agreement provides for the green electricity being brought to market within the framework of French subsidy programmes. Statkraft is managing sales of the electricity produced.

As one of the global leaders in the renewables sector, RWE took over a development pipeline with onshore wind and solar projects with a total capacity of 2.7 gigawatts (GW) in 2020. Most of that capacity, 1.9 GW, are located in France. RWE is planning to commission two further wind farms in 2022: Les Hauts Bouleaux and Martinpuich. In addition, RWE will commence construction on three further wind farms with a total capacity of 50 MW later this year. The projects reiterate RWE’s target of further expanding its activities in the French renewables market.

Forward-looking statements

This press release contains forward-looking statements. These statements reflect the current views, expectations and assumptions of management, and are based on information currently available to management. Forward-looking statements do not guarantee the occurrence of future results and developments and are subject to known and unknown risks and uncertainties. Actual future results and developments may deviate materially from the expectations and assumptions expressed in this document due to various factors. These factors primarily include changes in the general economic and competitive environment. Furthermore, developments on financial markets and changes in currency exchange rates as well as changes in national and international laws, in particular in respect of fiscal regulation, and other factors influence the company’s future results and developments. Neither the company nor any of its affiliates undertakes to update the statements contained in this press release.