Eiffage S.A.

M&A Activity • Mar 21, 2019

Vélizy Villacoublay, 21 March 2019 5:45 p.m.

Press release

Eiffage wins a contract with a value of more than €250 million for the Moray East offshore wind farm construction project in the United Kingdom

Eiffage, via Smulders, the Belgian subsidiary of Eiffage Métal, in a joint venture with GeoSea, a subsidiary of DEME, has been awarded a Moray Offshore Windfarm East* contract as part of the Moray East wind farm construction project off the north-eastern coast of Scotland. The value of the Eiffage contract is worth more than €250 million.

The project covers the design, supply and installation of the 100 jacket foundations, each 85 metres high and weighing 1,000 tonnes.

Smulders and Eiffage Métal plants in the United Kingdom, France, Belgium and Poland will produce 55 foundations. All will then be assembled in the United Kingdom and transported and installed offshore by GeoSea.

The 950 MW capacity wind farm project will cover 295 sq. kilometres and is expected to supply 950,000 households with electricity.

With this contract – the largest ever signed by Smulders – Eiffage Métal reaffirms its European leadership position in the market for jacket foundations, transition pieces and electrical substations for offshore wind farms. This contract follows those for the Hohe See and Deutsche Bucht wind farms off the coast of Germany, awarded in 2017, and that for Beatrice, off the coast of Scotland, awarded in 2016.

*Moray Offshore Windfarm East Limited is owned by Diamond Green Limited (33.4%), EDPR (33.3%), ENGIE (23.3%) and CTG (10%).

About Eiffage

Eiffage, a European leader in building, civil engineering and concessions, operates in construction, property, development, civil engineering, metal, roads, energy systems and concessions. Building on the experience of its more than 65,000 employees, the Group generated revenue of €15 billion in 2017, of which nearly 21% 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 Smulders

Smulders is the Belgian subsidiary of Eiffage Métal specialising in engineering, construction, supply and assembly of steel constructions. The company is a leader in the fabrication of components for offshore wind farms and operates in Belgium, the Netherlands, Poland and the United Kingdom.

Eiffage Press Contact Frédérique Alary Tel.: +33 1 71 59 22 28 frederique.alary@eiffage.com