These projects are concrete illustrations of the Group's strategy to strengthen the proportion of renewable energy sources in its energy mix in Europe to achieve its target of a 50% increase in the Group's 2009 installed renewable energy capacity by 2015.
Following the Jarogniew-Moltowo (20 MW) and Wartkowo (30 MW) wind farms inaugurated in 2011, the Pagow facility will double the Group's wind capacity in Poland, and will continue its ambitious expansion in renewable energy sources.
The Gemenele wind farm in Romania will come on line in 2012. It marks the Group's entry into power production in Romania, and illustrates the Group's confidence in the potential of Romanian renewable energy.
Gérard Mestrallet, Chairman and Chief Executive Officer of GDF SUEZ, says: "The development of the Group's wind projects in Romania and Poland demonstrates our desire to improve the diversification of the GDF SUEZ energy mix and to continue its expansion in promising markets through the best use of the Group's expertise and technical synergies."
About GDF SUEZ
GDF SUEZ develops its businesses around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. GDF SUEZ employs 218,350 people worldwide and achieved revenues of €84.5 billion in 2010. The Group is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone and ECPI Ethical Index EMU.
Investor relations contact:
T: +33 (0)1 44 22 66 29 - E:: ir[.]gdfsuez.com