EDF / 2018 Reference document

5.

THE GROUP’S PERFORMANCE IN 2018 AND FINANCIAL OUTLOOK Subsequent events

5.2

SUBSEQUENT EVENTS

Mid-February 2019, EDF Renewables announced that it had started exclusive ■ negotiations for the acquisition of 100% of the solar energy supplier Luxel. Luxel Group – which has its registered office in the Department of Hérault, France - has facilities with 90MWp gross, operates close on 130MWp (mainly in the south of France) and has a project portfolio of around 900MWp. Through this acquisition, EDF group wishes to give itself additional means to implement its Solar Plan which aims to achieve 30% market share in the solar sector in France between 2020 and 2035 (see EDF Renewables PR of 15 February 2019).

On 5 March 2019, Edison and Ansaldo Energia announced an agreement for an ■ investment in a new combined cycle gas in Italy on the Marghera Levante (Venetia) site, with a generation capacity of 780MW and an energy return of 63%. The total investment, of around €300 million, will contribute to reducing the average CO 2 and NO x emissions of the Italian thermoelectric park (see Edison and Ansaldo Energia PR of 5 March 2019).

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EDF I Reference Document 2018