EDF announces the signature of an agreement to sell EDF power solutions in the United States and Canada

Following a competitive process, EDF announces the signing of an agreement under which KKR irrevocably undertakes to acquire the operations and assets of EDF power solutions in the United States (EDF power solutions Inc) and Canada (EDF power solutions Canada Inc) and EDF power solutions has the option to sell these assets.

EDF power solutions provides clean energy solutions, develops, builds and operates renewable powerplants, storage assets, smart EV charging, microgrids. It delivers expert solutions along the entire value chain - from origination to commercial operation. In the USA and Canada, the company operates a portfolio of renewable assets for a total net capacity of 5.6GW1.

The transaction contemplated will be subject to an information and consultation procedure with employee representative bodies and to the approval from the governance bodies.