Eiffage S.A.

Regulatory Filings • Aug 28, 2019

28 August 2019 08:15

PRESS RELEASE

The Eiffage and DEME joint venture wins the contract covering the foundations for France's first offshore wind farm

The joint venture made up of Eiffage Métal (leader) and DEME has won the EPCI contract to design, manufacture and install the 80 steel monopile foundations for the offshore wind farm at Saint-Nazaire, France. The contract value is more than €500 million.

The 480 MW wind farm, belonging to EDF Renouvelables and Enbridge, will be built between 12 and 20 km off the Guérande peninsula in western France. The depth of the foundations ranges between 12 and 25 metres.

The design stage of the project is already under way, with factory production set to begin in the spring of 2020. The first foundations will be installed on a rocky seabed in the spring of 2021 and the project is set for completion in the summer of 2022.

The power generated by Saint-Nazaire offshore wind farm will cover the equivalent of 20% of the Loire-Atlantique department's electricity demand. The facility will be brought into operation in 2022.

"Eiffage is very proud to have been selected to help build France's first offshore wind farm," said Antoine Brésolin, CEO of Eiffage Métal. "The Group, which already has substantial operations on this market in Northern Europe, where Eiffage Métal, through its subsidiary Smulders, has a large number of wind farm project references off the coasts of Belgium, Germany, the United Kingdom and the Netherlands, will now have an opportunity to apply its expertise in France. The members of the joint venture are looking forward to working with EDF Renouvelables and Enbridge to complete this project safely and in accordance with its environmental features."

"We are delighted to have won a first EPCI contract covering foundations in France and to have this opportunity to help the country meet its ambitious energy transition objectives," said Jan Vandenbroeck, Managing Director of French DEME subsidiaries. "The contract reflects the technical expertise that enables us to deliver innovative solutions for the offshore wind farm sector. Some of the Saint-Nazaire monopile foundations will be fully bored, which is a step forward for the offshore wind farm industry and will open up new prospects for the sector."

About Eiffage

Eiffage is one of Europe's leading construction and concessions companies. The Group's activities are organised around the following business lines: construction, real estate and urban development, civil engineering, metal, roads, energy and concessions. Thanks to the experience of more than 70,400 employees, Eiffage generated revenues of €16.6 billion in 2018, of which almost 26% was outside France.

About Eiffage Métal

Eiffage Metal is the Eiffage Group's brand dedicated to metallic construction. Specialising in complex projects, it is also a leading industrial player, present throughout Europe and internationally.

About DEME

DEME is a world leader in dredging, marine engineering and environmental remediation. The Group can build on more than 140 years of know-how and experience and has fostered a pioneering approach throughout its history, being a front runner in innovation and new technologies. DEME's vision is to develop a sustainable future by providing solutions for global challenges: rising sea levels, population growth, reduction in CO2, water and soil pollution and depletion of natural resources. Although DEME's activities originated with its core dredging business, the portfolio diversified substantially over the decades. Today's activities encompass land reclamation, services for the offshore energy industries, and infra marine and environmental works. DEME, which is based in Belgium, has built a strong international presence, operating in more than 90 countries worldwide. DEME can rely on 5,200 highly skilled professionals across the globe. With a modern, versatile fleet of over 100 main vessels, backed by a broad range of auxiliary equipment, DEME can provide solutions for even the most complex project. DEME generated revenue of €2.65 billion in 2018.

www.deme-group.com

Eiffage Press relations Sophie Mairé sophie.maire@eiffage.com T. : +33 1 71 59 10 62

DEME Press relations

Vicky Cosemans cosemans.vicky@deme-group.com M. : +32 496 588 645 – T. : +32 3 250 59 22