Under a consortium agreement, the four partners will join together under the name Force Hydro, to be led by Vattenfall. In a statement, the company said that by targeting 2000MW of the 5300MW expected to be renewed in the coming years, Force Hydro aims to become a key player in large hydropower generation in France.
“This industrial partnership gathers the required competencies to succeed in the competition process for the renewal of hydro concessions,” commented Frédéric de Maneville, President of Vattenfall France and spokesperson of Force Hydro. “It shows our commitment to pioneering energetic solutions on the long term, both from the producer and the consumers perspective. Together, we will deploy our know-how to become the third hydro force on the French territory.”
