Gaz de France has just signed the acquisition of Nass & Wind Technologie, specialised in developing, building and operating land-based wind farms in France. Founded in 2001, Nass & Wind Technologie, a subsidiary of the Nass & Wind Group, is an electricity producer that develops wind farms on its own behalf and for third-parties in France, and anchored in Brittany.

Nass & Wind Technologie operates installed capacity of 34 MW. The company received all the necessary construction permits for 150 MW in the short term and owns a project pipeline totalling approximately 1 500 MW.

This acquisition is fully in step with the Group’s strategy in electricity production generated from renewable energies, in particular wind energy. Gaz de France already owns the largest wind farm assets in France, with installed capacity of almost 145 MW at the beginning of 2008.

In light of the acquisitions carried out over the last few months, Gaz de France has decided to focus and rationalise the stakes it holds by creating a subsidiary dedicated to renewable energies, which will be named “GDF Futures Energies”. This company now encompasses all of the subsidiaries and shares owned by Gaz de France in the field of electricity generated from wind power: Maïa Eolis, Erelia, Eoliennes de la Haute-Lys and soon Nass & Wind Technologie.

GDF Futures Energies, soon to be operational, will be responsible for:

• developing, building and managing the asset portfolio in green electricity generation,
• handling operations and maintenance at the said facilities through its own subsidiaries,
• strengthening, bringing together and creating synergies between the industrial skills in the Group to ensure its development in this field.

The creation of GDF Futures Energies represents a further step in Gaz de France’s sustainable development policy, designed in response to today’s global challenges. With this new subsidiary, the Group strengthens its commitment to the reduction of greenhouse gases, to the use of renewable sources of energy designed to combat global warming, and to security of power supply. GDF Futures Energies will base its growth principally on the development of wind power but it will also contribute actively to other forms of green electricity generation such as solar power, for example.