Offshore Wind Power: AREVA and STX France Ally Their Expertise

  Offshore Wind Power: AREVA and STX France Ally Their Expertise

Business Wire

PARIS -- December 14, 2012

Regulatory News :

AREVA (Paris:AREVA) and STX France today announced a cooperation agreement
with a view to optimizing foundations* for offshore wind turbines.
AREVA will bring its expertise in design and production of wind turbines and
STX France its know-how in specialized offshore foundations, with a view to
strengthen competitiveness of offshore wind power in a European market that
should see its installed base reach around 40,000MW by 2020.
Under the terms of the agreement and in line with wishes of power utilities,
AREVA and STX France will look to make joint wind turbine/foundation offers on
major European projects. STX France would, in addition to designing the
foundations, be responsible for complete or partial manufacture of the

Almost one third of investment expenditure in offshore wind farms is generated
by the manufacturing, logistics and installation costs associated with the
foundations and turbine towers. Their optimization is therefore a major lever
for reducing overall project costs.
For a wind farm representing around one hundred units, savings could be of the
order of several tens of millions of Euros.

“This cooperation agreement with AREVA, whose technology is proven for the
European offshore wind market, will benefit our future customers. By bringing
our engineering ability to the table, we will be in a position to offer an
extremely efficient and competitive global solution”, declared Laurent
Castaing, CEO of STX France.

Louis-François Durret, CEO of AREVA Renewables, announced for his part: “We
are very happy to be collaborating with STX France and benefitting from their
expertise. This will help strengthen the competitiveness of the French
manufacturing base in the offshore wind French market and for export”.

* foundations refer to immersed support holding the tower mass and the wind
turbine nacelle

AREVA supplies solutions for power generation with less carbon. Its expertise
and unwavering insistence on safety, security, transparency and ethics are
setting the standard, and its responsible development is anchored in a process
of continuous improvement.
Ranked first in the global nuclear power industry, AREVA’s unique integrated
offering to utilities covers every stage of the fuel cycle, nuclear reactor
design and construction, and related services. The group is also expanding in
renewable energies – wind, solar, bioenergies, hydrogen and storage – to be
one of the top three in this sector worldwide in 2012.
With these two major offers, AREVA’s 48,000 employees are helping to supply
ever safer, cleaner and more economical energy to the greatest number of

STX France SA is part of STX Europe AS, an international shipbuilding group
which aims to be the leading builder of cruise vessels, ferries and other
specialized vessels. STX Europe AS is also the majority shareholder in STX OSV
Holdings Limited listed on the Singapore Exchange (SGX). The group has a
strong position in terms of developing state-of-the-art concepts, technology,
processes and products for customers around the world. STX Europe comprises 6
shipyards in Finland, France and Norway in addition to 9 shipyards belonging
to STX OSV Holdings Limited. STX Europe has approximately 6400 employees, in
addition to the 9000 employees working for STX OSV Holdings Limited.
STX Europe's principal shareholder, the international industrial group STX,
has approximately 54,000 employees and aims to be a global top player in its
core markets: transport and shipping, shipbuilding and machinery, plant and
construction, and energy.


Press contact:
Alexandre Thébault
Tel.: +33 (0)1 34 96 11 47
STX France SA:
Delphine Glédel, Communications Manager
Tel.: +33 (0)2 51 10 90 37
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