All the resolutions submitted to shareholder vote have been accepted during EDF's Shareholders' General Meeting*, held on 24th May, during which the Chairman and CEO, Henri Proglio, also unveiled the Group's strategy up to the year 2020. EDF has thus declared its ambition of becoming the world's number one electricity player, with 200GW of installed capacity and a diversified energy mix, comprising 50% nuclear, 25% thermal and 25% hydraulic and other renewable energies. This will place EDF at the top of the renewable energies sector in Europe and make it a major global player in low carbon energy, with 75% of its fleet producing no CO2. The Group also intends to expand its international presence, increasing its generation capacity outside France by 50%.
Three strategic areas of focus will allow EDF to achieve this ambition:
* The results of the shareholder vote is available on the Shareholders' Meetings page
More information in the press release.
EDF Group, one of the leaders in the energy market in Europe, is a comprehensive energy service provider with operations in every business, including energy generation, transport, distribution, trading and sales. The Group is the leading electricity producer in Europe. In France, it mainly has nuclear and hydraulic production facilities, with an electricity output that is 95% free of CO2 emissions. EDF's transport and distribution subsidiaries operate 1,285,000 km of low and medium voltage overhead and underground electricity lines and around 100,000 km of high and very high voltage networks. The Group is involved in supplying energy and services to more than 28 million customers in France.
The Group generated consolidated sales of €65.2 billion in 2010, of which 44.5% in France. EDF is listed on the Paris Stock Exchange and is a member of the CAC 40 index.