Energies

Earlier Friday, EDF said its shares, as well as those of EDF Energies Nouvelles, had been suspended from trading pending the release of a statement.

EDF Bids for Renewables Unit Geraldine Amiel 2011

Danish group Vestas Wind Systems jumped 7.1% after signing deals to supply wind turbines to EDF Energies Nouvelles in France as well as to Brazil's Atlantic Energias Renovaveis.

For Europe's Stocks, a Clean Sheet of Gains Simon Kennedy 2011

"Following this transaction, EDF group will consider, among other potential options, the possibility of merging with EDF Energies Nouvelles," it said.

EDF Bids for Renewables Unit Geraldine Amiel 2011

The Mouratoglou Group, which owns a 25.1% equity stake in EDF Energies Nouvelles, has "irrevocably" undertaken to contribute all of its shares to the tender offer, with 50% in cash and 50% in shares, EDF said in a statement.

EDF Bids for Renewables Unit Geraldine Amiel 2011

PARIS—French state-controlled power giant Électricité de France SA said Friday it is seeking to buy the 50% of renewable-energy unit EDF Energies Nouvelles SA that it doesn't already own.

EDF Bids for Renewables Unit Geraldine Amiel 2011

Yet while EDF shares were losing steam, EDF Energies Nouvelles's share price grew more than 13%, boosted by increased energy demand and the strictest carbon-emission regulations in Europe, in addition to the trend toward renewable energies.

EDF Bids for Renewables Unit Geraldine Amiel 2011

Robert Westall, the owner of Cleaner, Greener Energies in Sioux Falls, S.D., says one of the biggest problems is that communities don't have zoning rules for small wind turbines.

Sales of wind turbines for home use are going strong 2011

Robert Westall, the owner of Cleaner, Greener Energies in Sioux Falls, S.D., says one of the biggest problems is that communities don't have zoning rules for small wind turbines.

Sales of wind turbines for home use are going strong 2011

At the end of December 2010, EDF Energies Nouvelles's market capitalization was €2.46 billion, according to the group's website.

EDF Bids for Renewables Unit Geraldine Amiel 2011

EDF will launch a tender offer at €40 a share in cash, or alternatively, exchange 13 EDF shares for 11 EDF Energies Nouvelles shares.

EDF Bids for Renewables Unit Geraldine Amiel 2011