7.6 Material contracts
The information on the regulated agreements and commitments referred to in Article L. 225-38 of the French Commercial Code is contained in the Statutory Auditors’ special report, which is reproduced in section 7.5.2 “Statutory Auditors special report on regulated agreements and commitments” of this Universal Registration Document, section 7.5.5 of the 2018 Reference Document and section 7.5.4 of the 2017 Reference Document.
Except for the contracts which may be described in chapters 1 and 5 of this Universal Registration Document or in the notes to the consolidated statements for the financial year ended 31 December 2019, in chapters 1 and 5 of the 2017 and 2018 Reference Document or in the notes to the consolidated statements for the financial year ended 31 December 2017 and 2018, including the contracts described hereunder, EDF signed no material contracts other than those concluded in the normal course of business over the last two years preceding the filing of this Universal Registration Document, the 2018 Reference Document and the 2017 Reference Document.
7.6.1 Material contracts entered into in 2019
Material contracts entered into in 2019, other than those conducted in the normal course of business, by the Group, are the followings:
- In Switzerland, EDF sold its 25.04% stake in the Swiss energy company Alpiq(May 2019);
- In France, signature of a compensation agreement by the French state for the early closure of the Fessenheim power plant (September 2019);
- In Italy, Edison signed a binding memorandum to sell its gas operating and production assets to Energean Oil and Gas (July 2019).
7.6.2 Material contracts entered into in 2018
Material contracts entered into in 2018, other than those conducted in the normal course of business, by the Group, are the followings:
- concession agreement for the stake in Dunkerque LNG (30 October 2018);
- concession agreement for the 49% minority share in 24 wind power farms in the UK, representing 550MW in Dalmore Capital Limited and Pensions Infrastructure Platform (June 2018);
- sale contract for a 450 MW offshore Scottish wind farm project named “Neart na Gaoithe” (May 2018).
7.6.3 Material contracts entered into in 2017
Material contracts entered into in 2017, other than those conducted in the normal course of business, by the Group, are the followings:
- on 19 May 2017, EDF signed an agreement with PGE for the disposal of the assets of EDF Polska;
- EDF signed an agreement on 31 March 2017 for the transfer of a 49.9% indirect equity interest in RTE to Caisse des dépôts and CNP Assurances;
- in accordance with the non-binding memorandum of understanding signed between EDF and AREVA on 30 July 2015 and updated on 28 July 2016, on 31 December 2017 EDF acquired 75.5% of the capital of New NP, an entity spunout of the AREVA group combining industrial activities relating to nuclear reactor and equipment design and manufacturing, fuel assemblies and installed base services, authorised by the Board of Directors on 14 December 2017.