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2018 Half Year Results Released

EDF Renewables and The EDF Group

The 2018 half-year results of EDF Renewables were published August 1. The report covers:

  • The main events from the first half of 2018
  • 2018 half-year operating results
  • Operational plan in detail
  • Financial results
  • Main challenges for the second half
  • Overview of EDF Energies Nouvelles capacity at June 30, 2018

Download the Report here.

In addition, the 2018 half-year results for the entire EDF Group were published July 31. The press release covers:

  • Confirmation of the 2018 rebound
  • Key figures of the 2018 half-year results
  • Continuation of the deployment of CAP 2030
  • Main Group results by segment
  • Main events since the 2018 first quarter press release

Download the Press Release here.

EDF EN Convergence #13

Competitiveness and Business Strengths

In this issue of Convergence:

  • Bruno Bensasson and Bruno Fyot take a look at the operational performance for the first half of the year, our international development strategy and the health and safety challenges we face.
  • New international brand: three questions to Flore Larger, Vice President Corporate Communication for the Group.
  • Acquisition of Futuren: interview with Alexandre Morin, Futuren Chief Executive Officer.
  • Electricity Storage Plan: a key role for EDF Energies Nouvelles.
  • International: all EDF Renewables’ recent successes at a glance.
  • As well as the latest news from EDF Group.

Click here to read Convergence.

Press Release: EDF Renewables and PGGM Sign Agreements on Wind and Solar Projects in the United States

PGGM increases investment with acquisition of 50 percent of a 332 megawatt portfolio

On August 1,  EDF Renewables North America announced the signing of two Purchase and Sale Agreements (PSA) by which PGGM Infrastructure Fund will acquire a 50 percent ownership interest in Glacier’s Edge Wind and Valentine Solar. Combined capacity of the projects is 332 megawatts (MW). Completion of the transaction is subject to regulatory approval and customary conditions precedent.

This transaction follows on an earlier agreement between the two companies concerning three projects for 588 MW. Total capacity of the portfolio (five projects in total) is 920 MW. EDF Renewables will remain a 50 percent co-owner and provide management as well as operations and maintenance services.

The agreement with EDF Renewables is part of PGGM’s fast-growing portfolio of investments in climate solutions for PFZW, the pension fund for Dutch healthcare workers. At this stage PGGM has realized €7 bn. of these investments both in private and public markets. These investments generate market rate financial returns and have measurable positive impact on the world’s carbon footprint.

Nate McMurry, director, divestiture and portfolio strategy for EDF Renewables commented, "PGGM is an ideal partner for this large portfolio of EDF Renewables developed projects. Their focus on long-term investments and interest in a diverse portfolio of wind and solar projects is well aligned with our strategy in North America. This equity partnership with PGGM will help to facilitate EDF Renewables growth."

 

 

Erik van de Brake, head of infrastructure at PGGM commented, "EDF Renewables has a long track record of successful investments in the American sustainable energy market. The PGGM Infrastructure Fund is looking forward to building a strong long-term partnership with EDF Renewables.’’

 

State of the Company Quiz

Prize Winners Announced

46 participants completed the State of the Company Quiz by yesterday's noon deadline and they were all entered into a random drawing for five gift cards for $10 each.

The Winners are:

  • Jim Curtis, Site Manager, O&M Midwest
  • Andy Bell, Manager, Financial Planning, Corporate Finance
  • Thomas Simpson, HR Data Analyst, Human Resources
  • Nader Pejman, Accountant, Asset Origination
  • Scott Anderson, Site Manager, O&M Pacific Northwest

Digital gift cards will be sent via e-mail.

Although prizes were awarded independent of quiz score, we congratulate the 25 participants that scored 100%:

  • Michael Brady, Corporate Financial Analyst, Corp Finance - Accounting
  • Sandi Briner, VP, Corporate Communications
  • Alexa Cordell, Business Systems Training Specialist, O&M - Central Southwest
  • Jim Curtis, Site Manager, O&M Midwest
  • Jason Dubois, Manager, Operational Assessment, Wind Resource Assessment Group
  • Shawn Fisher, Training Coordinator, O&M Midwest
  • Kimberly Gudorf, Wind Energy Analyst, Dev - Technical Services/Implementation
  • Jeanay Langer, O&M Sales & Marketing Proposal Coord., O&M General Management
  • Valerie Mason, Communications Manager, Corporate Communications
  • Nader Pejman, Accountant, Asset Origination
  • Jim Peters, VP, Project Finance, Dev - Project Finance
  • Danielle Simms, Events Coordinator, Corporate Communications
  • Kaitlyn Thibodeau, Senior Accountant, Corp Finance - Accounting

Values in Action

by Stephanie Sierra-Miller, Executive Assistant to Tristan Grimbert, President & CEO

As a reminder to employees and for those who have recently joined EDF Renewables, Values in Action is an organizational development program for all employees in North America. The initiative is intended to create a better and more collaborative working environment. The program is based on the foundational principals of the Speed of Trust, by Stephen Covey, and deployed to staff through learning modules, called Learning Journey’s, which contain various conversation queues for effective communication that can be used in the workplace and at home.

Here are some important links for the program:

Stay tuned for information regarding the mid-September launch for the next phase of Values in Action!

Should you have any questions, please contact Stephanie.Miller@edf-re.com.

It’s Here: The New Webex Meetings Desktop App

Starting this week, there will be some exciting new changes coming to WebEx on your desktop and on your mobile device. Some of those features include:

  • A new interface
  • More video centric layout in meetings
  • Easier navigation of the application

No actions are needed to install. For a guided tour of the latest updates, check out the video below:

Cybersecurity Awareness

Understanding BEC

Short for business email compromise, BEC is one of the fastest growing scams that targets organizations. It works like this: a cybercriminal either compromises the email address of a senior executive or they spoof that email, they then send requests for money or information (e.g., W-2’s, financial reports, social security numbers, etc.) to employees who trust that senior executive.

According to the FBI, through fraudulent wire transfers and data breaches, BEC scams - also referred to as CEO Fraud - have cost organizations around the world over $5 billion since 2013.

Always treat requests for money or sensitive information with a high degree of skepticism. Stay alert for anything out of the ordinary and if you’re not sure, always ask! Never “reply to” a suspected fraudulent email, attackers can and will respond to aid in continuing the fraud, either walk over to their desk or use a phone to call the sender and confirm it. Above all – always report!

Read more about the five common attack scenarios and who the main targets are here.

And remember to take your Q3 Cybersecurity Training. Look for your e-mail invite from EDFR Cybersecurity Dept.

New IT Training Courses Coming August 27-30

Sign up now!

Learn something brand new, or brush up your skills. A variety of technology classes have been scheduled for EDF Renewables employees, offered by David Diskin, certified Microsoft Office “Master”. All classes are offered in English, onsite in San Diego, broadcast live via WebEx, and recorded.

Download the list of classes.
Visit the Training Course Registration page on ECRM to register for classes.

O&M Training Courses

Training Schedule for August

The August schedule for O&M training courses is now available.

Offerings this month include:

  • Safety Training
  • Business Systems
  • Technical Training
  • Procurement Training
  • OCC Training
  • Leadership Training

Click here to see the schedule. To sign up, visit the O&M Training Center on ECRM.

In Case You Missed It…

Important Reminders from Past Wires

Q3 2018 Cybersecurity Training
Inspired eLearning cybersecurity training enrollment.

IT Services: Self-Service Password Reset
You don’t have to call the Service Desk anymore.

Corporate Credit Cards Moving from American Express to Visa
USA & Canada: Fill out a new credit card application form now.

AirWatch for Mobile Devices
Enrollment is mandatory for company devices

Go Fly a Kite: EDF Renewables Canada Sponsors WindFestival

Wheatley, Ontario – Future home of Romney Wind Energy Center

This summer, EDF Renewables sponsored WindFest, held in Wheatley (Ontario), where the Romney Wind Energy Centre (60 MW) will be implemented.
The event brought together kids, adults and families, over 200 people each day, to spend time outdoors enjoying the fresh air, learning the art of kite flying and spending quality family time, unplugged from electronic devices and the stresses of everyday life.
The weekend was packed with free events for all ages, including the opportunity to see world-class kite fliers demonstrate their passion and see unique kites from all over the world. Participants could bring a kite from home or purchase one on site to fly during the event. After dark, there was a showing of Mary Poppins on a giant outdoor screen.
This unique gathering of fliers and their kites, responding to the changing wind conditions, made for a dynamic event that generated many lasting memories.

First Nation Students visit Arnprior Solar in Canada

Algonquins of Pikwakanagan First Nation are our partners in Pendleton/Barlow Projects

20 students of the Algonquins of Pikwakanagan First Nation visit visited Arnprior Solar in July. Pikwakanagan First Nation is EDF Renewables’ partner in two solar projects in Ontario – Pendleton and Barlow Solar Energy Centres. The student visit is one of the initiatives taken by EDF Renewables in response to the Chief and Counsel’s request to engage the First Nation members and youth in the projects where they have ownership participation.

The presentation, managed by Fabiola Oribe (Development), Trevor Nickerson and Billy McGee (O&M) focused on solar energy production but had also the objective to spark student interest in careers in renewable energy.

Involving our First Nation partners in our projects and in renewable energy in general is very important for EDF Renewables. For example, new job opportunities in O&M (at our sites or one of our clients’ sites) are shared with the Aamjiwnaang First Nation (our partners in Romney) and with the Algonquins of Pikwakanagan First Nation (our partners in Pendleton/Barlow).

In Canada, 60% of the solar and wind projects are in partnership with a First Nation or a host community.

Webinars by EDF Renewables Thought Leaders

Roadmap for a Green Tariff

Join Joni Hamson, Senior Director of Origination, on Tuesday, August 7,for a webcast that answers the question, “How can large electric power users help drive development of green tariff programs in regulated markets?”

Joni will be joined by Rob Threlkeld, Global Manager of Renewable Energy, General Motors Co. and Ryan Kiley, Director of Product Development, Consumers Energy.

For more information and to register, click here.

Lessons Learned Implementing NERC Compliance Requirements

Watch the replay of this webinar featuring Todd Chwialkowski, Senior Compliance Specialist and Lyrae Anderson, OCC Regulatory Manager. The webinar covers how to understand and interpret NERC requirements, and how to approach changes required by NERC throughout the organization.

You will find the replay here on EDF Renewables YouTube Channel. While you’re there, check out all the other videos that EDF Renewables has posted.

O&M Insights

O&M’s Monthly Customer Newsletter

Click here to read the July 2018 Edition of O&M Insights, a monthly newsletter that the EDF Renewables O&M Marketing & Communications Team sent out on July 31 to over 1800 recipients including EDFR O&M customers and potential customers. If you have any feedback, comments, or suggestions please send them to OMSales@edf-re.com.

Weekly Safety Message

Yard Work Safety

At EDF Renewables North America, the Health and Safety of our team members is our first priority. We encourage you to spend 5-10 minutes during at least one meeting of your choice during the week discussing this topic with meeting attendees.

Discover the Weekly Safety Message about Yard Work Safety.

Click here to read more about Yard Work Safety on the ECRM Safety Always Page!

Welcome New Employees July 2018

Name Title Location Start Date
Abhishek Desai Valuation Analyst San Diego 7/9/2018
Alex Huggett Electrical Engineer Montréal 7/30/2018
Alex Martinez Senior Project Manager San Diego 7/10/2018
Andres Estrada Associate, Divestiture and Portfolio Strategy San Diego 7/16/2018
Barbara Gackstetter Engineering and Construction Coordinator San Diego 7/9/2018
Bill Burns Senior Technical Writer San Diego 7/30/2018
Daniel Daboval Lead SCADA Systems Engineer Saratoga Springs 7/9/2018
Elisabeth Trudeau Accounting Manager Montréal 7/30/2018
Elizabeth Paluso Senior Accountant San Diego 7/30/2018
Eric Dycus Senior Database Administrator/Developer San Diego 7/23/2018
Jasmin Zukic Lead SCADA Systems Engineer San Diego 7/30/2018
John Herring Principal Systems Engineer San Diego 7/30/2018
Jonathan Coyne Project Engineering & Construction Manager Pittsburgh 7/23/2018
Katherine Mardesich Senior Accountant San Diego 7/30/2018
Kenneth Campbell Solar Technician Southgate, Ontario 7/3/2018
Kitok James Senior Wind Technician Hereford 7/16/2018
Lucy Huntley Applications Supervisor San Diego 7/30/2018
Mark Urquhart O&M Customer Account Manager San Diego 7/30/2018
Marty Crotty EVP, Asset Optimization San Diego 7/2/2018
Mohamad Mosleh Intern San Diego 7/9/2018
Nicholas Gallagher Systems Administrator San Diego 7/9/2018
Nicholas Petersen Wind Technician Fenton 7/30/2018
Paul Ardizzone Senior Accountant San Diego 7/30/2018
Roberto Valadez Intern San Diego 7/9/2018
Sami Waheed Intern- Software Engineer San Diego 7/16/2018
Sean Brown Wind Technician Benton County 7/30/2018
Todd Eagleston Director, Development Houston 7/16/2018
Yihong (Iris) Chen Corporate Finance Data Administrator San Diego 7/16/2018

Congratulations! Promotions and Transfers July 2018

...and a few from June

Name Title Location Start Date
Aaron Caul Advanced Solar Technician Rainy River, On 7/23/2018
Alex Harpenbau Lead Technician Pilot Hill 7/23/2018
Jerry Wehust Advanced Wind Technician PacWind 7/9/2018
Jon Medel Applications Supervisor San Diego 6/25/2018
Karolina Harth Lead Senior Technical Accountant Senior Accountant 7/9/2018
Mauricio Fuentes Lead Technician Hereford 6/25/2018
Michael Loney Advanced Solar Technician Rainy River, On 7/23/2018
Robert Titus Site Manager PacWind 7/30/2018
Rodica Donaldson Associate Director, Commercial Transmission & Analytics Washington, DC 7/9/2018
Sandeep Joshi Director, Enterprise Applications San Diego 6/25/2018
Thomas Berg Wind Technician Chestnut Flats 7/16/2018

Upcoming Events

NY Energy Market Summit

Aug 6-8 | New York, NY

Energy Exchange / Better Building Summit

Aug 20-24 | Cleveland, OH

CanWEA Golf Tournament

Aug 22 | Calgary, AB

Energy Storage in Canada

Sep 19-20 | Toronto, ON

NAEMA Fall Conference

Sep 19-21 | Denver, CO

Offshore Wind Executive Summit

Sep 24-25 | Houston, TX

Solar Power International

Sep 24-27 | Anaheim, CA

NCPA Annual Conference

Sep 26-28 | Monterey, CA