AREVA and KEPCO to Cooperate in the Renewable Energy Sector

  AREVA and KEPCO to Cooperate in the Renewable Energy Sector

Business Wire

PARIS -- November 5, 2013

Regulatory News :

AREVA (Paris:AREVA) and South Korea’s largest utility, KEPCO, have signed a
Memorandum of Understanding in the renewable energy sector.

AREVA will identify with KEPCO the commercial opportunities in its fields of
expertise in renewable energy: offshore wind, energy storage, concentrated
solar power, and biomass. It is in this last field that these two companies
will focus their collaboration in Southeast Asia.

AREVA supplies integrated technological solutions and benefits from
significant experience in the renewable sector with over 2,500 MW of bioenergy
installed, 300 MW in concentrated solar power projects and 600 MW of offshore
wind currently being installed.

Louis-François Durret, CEO of AREVA Renewables, said: “AREVA welcomes this new
agreement with KEPCO, a client and historic partner of our group. This
alliance confirms AREVA’s ambitions in renewables.”

AREVA supplies advanced technology 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 operating services. The group is actively
developing its activities in renewable energies – wind, bioenergy, solar and
energy storage – to become a European leader in this sector.
With these two major offers, AREVA’s 46,000 employees are helping to supply
ever safer, cleaner and more economical energy to the greatest number of

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