Universal Registration Document 2022

Cameroon

• The EDF group began doing business in Cameroon in 2014 with the construction of the Nachtigal hydroelectric dam. Nachtigal Hydro Power Company (NHPC), which was established in July 2016, is 40% owned by EDF International ⁽¹⁾. NHPC is in charge of the design, financing and construction of the 420MW Nachtigal hydroelectric project located on the Sanaga River north of Yaoundé, and is responsible for the transmission line between Nachtigal and Yaoundé, which was completed in 2021. In April 2017, NHPC signed a power generation concession agreement for a term of 35 years from commercial commissioning in 2024. The financial closing was completed in December 2018. EDF signed a project owner assistance contract with NHPC to ensure successful completion of the project.
• The Nachtigal hydroelectric power plant is a sizeable project for the country and will, on commissioning, be the most important generation resource in Cameroon. It aims at providing around one third of the electricity needs and generating numerous economic benefits for the local economy. At year-end 2022, the project was over 80% complete. The updated schedule includes an 11-month delay including a 5-month delay due to the impact of the Covid health crisis. Commissioning of the first unit is scheduled for the end of 2023 and operational commissioning is planned for the second half of 2024.

• Following the MoU signed with the Government of Cameroon awarding EDF exclusive development of the Kikot hydroelectric project on the Sanaga River, discussions between the Republic of Cameroon and EDF enabled an agreement to be signed, in June 2021, on the joint development of this project. A project company in which EDF International and the Government of Cameroon will each hold a 50% interest will be created in 2023.
• The EDF group continues to act as consultant to Eneo, the incumbent electricity operator in the distribution sector.

Egypt

• The two Benban 65MW solar power plants, developed on a parity basis with Egyptian company Elsewedy Electric, were commissioned in August 2019. The PPA is for 25 years.
• In 2019, EDF Renewables took out a strategic stake in KarmSolar, a major player on the emerging market for privately-produced and distributed solar power in Egypt. The company also operates microgrid projects that include storage. KarmSolar has a portfolio of 39MW of operational solar power plants and 200MW of plants under development.
• The EDF group is also assisting Egypt with its energy transition in a consultancy capacity. In the field of transmission with EETC (Egyptian Electricity Transmission Company), the EDF group is supervising the engineering and construction of the dispatcher in the Delta and the new national dispatcher to be located in Egypt’s new administrative capital.
• To support the EIB, the Group is pursuing its consultancy activity with EETC for the development of its transmission network.
• In April 2022, an alliance was formed under the name “Green Fuel Alliance” between EDF Renewables and Zero Waste, a local partner. A memorandum of understanding was signed with the Egyptian government for the production of green ammonia. The alliance is negotiating the terms and framework of the agreement with the Egyptian sovereign wealth fund.

Ivory Coast

• The EDF group is jointly ⁽²⁾ developing the “Biovéa” project for a biomass electricity power plant of 46MW. An agreement on the transmission price for electricity was entered into with the State of Ivory Coast in November 2017. The concession agreement with the State was signed in December 2019. The financial closing was completed and construction began in late 2022.
• In 2019, EDF International became a 49% shareholder in Conergies Group with strong development and innovation expertise in the fields of heating, ventilation, industrial cooling and solar power in West Africa.
• In August 2016, the Group created a local subsidiary to support its development strategy in the Ivory Coast and in the subregion. ZECI, a joint venture ⁽³⁾, was created in October 2016 to deploy an off-grid project to install and maintain solar kits for households in rural areas and on urban outskirts.

Ghana

Since December 2017, EDF International has held a 30% stake in ZEGHA, a company that markets solar kits, and whose development was stopped in 2020.

Togo

• The Group is present in the country through BBOXX EDF Togo, a joint venture created with the British company BBOXX. The company undertakes the sale, installation and maintenance of solar kits for rural households. In addition, a partnership to deploy solar pumps was set up in 2020 with the Kenyan company SunCulture (owned by EDF International via an indirect stake) and the Togolese government.
• In early 2020, the EDF group created a branch to support its development strategy and ensure the continued provision of engineering services.

Kenya

• Since July 2018, the EDF group has been contributing to the development of Kenyan company SunCulture to support the sale, installation, and maintenance of solar pumps for farmers, mainly in Kenya. EDF assists SunCulture with its international development through a 16.9% stake held in Savant Group, the parent company of SunCulture.
• In 2021, the EDF group acquired an indirect interest in Bboxx Capital Kenya Limited. The company undertakes the sale, installation and maintenance of solar kits for rural households.
• Since February 2021, the EDF group has owned 50% of DPA Kenya ⁽⁴⁾. The company specialises in distributed solar power for the business market. DPA Kenya develops solutions ranging from design to maintenance and financing. In October 2022, the construction of the first joint 4MW project for the cement manufacturer DEVKI was launched, with an expected commissioning date of 2023.
• As Kenya revives its nuclear project ambitions, the Group has expressed its interest to the government.

Malawi

In August 2022, the government of Malawi, IFC ⁽⁵⁾ and the consortium between EDF and SCATEC signed a Relationship Agreement that gives the consortium a 55% stake in the 350MW Mpatamanga hydropower project in Malawi. In September 2022, the consortium was officially appointed Strategic Sponsor of the project. When commissioned, expected in 2029, Mpatamanga will provide electricity to around 2 million people and avoid 520,000 tonnes of CO₂ emissions per year. EDF and SCATEC will lead the development, construction and operation phases.

Eswatini (formerly Swaziland)

The EDF group, acting through a partnership ⁽⁶⁾, has been pre-qualified to bid for the Eswatini government’s August 2020 tender to develop a 25MW biomass power plant (MOBIO project).

Zambia

In order to develop its offer in mini-grids, in 2020 EDF International took out a 12% stake in Standard Micro Grid Initiatives Limited. This start-up develops and installs mini-grids using a solution with standardised containers and smart meters, enabling the sale of energy blocks on demand.