EDF Energies Nouvelles: First-half 2008 revenues: EUR 309.6 million

-- 150 % increase in revenues (up 96.6 % excluding the
consolidation of EDF Energies Nouvelles Reparties), owing
primarily to the significant growth recorded by the
Development and Sale of Structured Assets (DSSA) business in
the first six months of the year

-- Further strong growth in the Generation business up 28.7% (up
35.1 % at constant exchange rates) thanks to the brisk pace of
new plant commissioning

-- Objective of at least EUR 200 million in EBITDA for 2008
remains unchanged
PARIS--(Business Wire)--
Regulatory News:

EDF Energies Nouvelles (Paris:EEN) has reported consolidated
revenues of EUR 309.6 million for the first half of 2008, up from EUR
123.6 million one year earlier, representing an increase of 150.5%.
Excluding the impact of the first-time consolidation of EDF Energies
Nouvelles Reparties (EDF ENR), revenues grew by 96.6% to EUR
243 million.

Revenues broke down as follows by geographic area:

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30 June 30 June
In millions of euros 2007 2008 % change
-------------------------------------------------------------------
Europe 89.0 210.3 +136.3%
Americas 34.6 99.3 +187.0%
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TOTAL 123.6 309.6 +150.5%
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*T

Revenues broke down as follows by segment:

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30 June 30 June
In millions of euros 2007 2008 % change
--------------------------------------------------------------------
Generation 87.9 113.1 +28.7%
Operations & Maintenance 4.0 9.1 +127.5%
DSSA* 31.7 120.8 +281.1%
Distributed energies** - 66.6 na
TOTAL 123.6 309.6 +150.5%
--------------------------------------------------------------------
*T

*Development and Sale of Structured Assets

**Comprises the activities of EDF Energies Nouvelles Reparties

At constant exchange rates, revenues rose by 164.6% to EUR
327.1 million and by 110.8% excluding EDF ENR.

Production capacity

In service

At 30 June 2008, the Group's installed wind energy capacity stood
at 1,509.2 MW gross, compared with 1,217.9 MW at 31 December 2007.

During the first six months of the year, EDF Energies Nouvelles
commissioned 294.6 MW in capacity, including 38 MW in Greece
(Imerovigli and the Profitis Ilias extension), 192 MW in Portugal
(first and second tranches of the Ventominho project), 50.6 MW in
France (Villeseque) and 14 MW in the United Kingdom (Walkway).

All segments combined, the Group's capacity at 30 June 2008 stood
at 1,735.2 MW gross and 1,219.6 MW net, breaking down as follows:

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IN SERVICE
31 December 2007 30 June 2008
----------------------------------------------------------------------
Gross Net Gross Net
WIND
France 73.8 57.8 124.4 111.7
Portugal 143.8 86.6 335.8 170.5
Greece 111.4 110.1 149.4 145.1
Italy 164.1 77.9 164.1 77.9
United Kingdom 103.2 103.2 117.2 117.2
Germany 3.0 3.0 3.0 3.0
United States(1) 618.6 432.8 615.3 429.6
Total Wind 1,217.9 871.4 1,509.2 1,055.0
----------------------------------------------------------------------
OTHER SEGMENTS
Hydro 128.4 101.4 128.4 101.4
Solar 0.9 0.4 2.1 1.2
Biomass 26.0 18.2 26.0 18.2
Cogeneration/Thermal 69.5 43.8 69.5 43.8
Total other segments 224.8 163.8 226.0 164.6
----------------------------------------------------------------------
TOTAL 1,442.7 1,035.2 1,735.2 1,219.6
----------------------------------------------------------------------
*T

Under construction

In addition, capacity under construction at 30 June 2008 amounted
to 1,116.9 MW gross and 670.4 MW net. The main projects are located in
France, Portugal and the United States.

In the solar segment, EDF Energies Nouvelles started the
construction of the Narbonne wind farm (7 MWp), due to be commissioned
in late 2008.

At 30 June 2008, total capacity in service and under construction
stood at 2,852.1 MW gross and 1,890 MW net compared with 1,665.6 MW
net at 31 December 2007.

BREAKDOWN OF REVENUES BY GEOGRAPHIC AREA

In Europe, revenues posted an increase of 136.3% to EUR
210.3 million. Excluding EDF Energies Nouvelles Reparties, revenues in
Europe advanced by 61.5%.

Performance in Europe was boosted by the dynamism of wind energy
generation, which rose by 37.7% during the first half of 2008 compared
with the same period of 2007. At constant exchange rates, wind energy
generation grew by 42.2%.

The Development and Sale of Structured Assets division also
contributed to the region's growth, with its revenues surging to EUR
53.7 million from EUR 22.1 million during the first half of 2007.

Revenues in the Americas recorded a steep rise to EUR 99.3 million
during the first half of 2008, up from EUR 34.6 million in the first
six months of 2007. At constant exchange rates, revenues amounted to
EUR 114.3 million.

This increase was driven by strong growth in revenues recorded by
the Development and Sale of Structured Assets division, which was
principally attributable to completion of the Goodnoe wind farm.

The Generation division, which recorded an increase of 17.4% to
EUR 25 million, was boosted by the full-year impact of the
commissioning of the Fenton wind farm in late 2007. At constant
exchange rates, the revenues recorded by this business advanced by
35.2% to EUR 28.8 million.

BREAKDOWN OF REVENUES BY BUSINESS SEGMENT

Revenues recorded by the Generation division, the Group's core
business and key profitability driver, moved up 28.7% to EUR
113.1 million during the first half. At constant exchange rates,
revenues grew by 35.1% to EUR 118.8 million.

The Generation division was underpinned by wind energy, which
continued to post strong growth and recorded an increase of 30.9% on
the first half of 2007 (up 39.9 % at constant exchange rates). This
rise was driven by the full-year contribution of wind farms
commissioned during 2007 and the impact of new facilities commissioned
during the first half of 2008.

The Generation division's performance was also boosted by the
rebound in hydro generation in Bulgaria, which was depressed by weak
hydro conditions in 2007.

Revenues recorded by the Operations & Maintenance division rose to
EUR 9.1 million from EUR 4 million a year ago. The key factor behind
this increase was the signature last year of major operations &
maintenance agreements in the United States covering 868 MW in
capacity.

Revenues from the Development and Sale of Structured Assets (DSSA)
division came from EUR 31.7 million in the first half of 2007 to EUR
120.8 million owing notably to the delivery of the Goodnoe facility
(94 MW) in the United States.

The Distributed energies division posted first-half revenues of
EUR 66.6 million. Tenesol, which specialises in the manufacture of
solar photovoltaic panels, contributed EUR 40.6 million to this
figure. Tenesol should reap the benefit of more positive seasonal
effects during the second half and especially the fourth quarter.
Supra, a company that manufactures and markets domestic wood-fired
heating equipment, contributed EUR 25.2 million in revenues.

HIGHLIGHTS OF THE SECOND QUARTER

Americas

-- In April 2008, EDF Energies Nouvelles secured permits from the
Californian authorities for construction of the Shiloh II
(150 MW) wind farm, for which the Company holds a 20-year
power purchase agreement with US electricity company Pacific
Gas & Electric. Construction of the facility is due to be
completed by year-end 2008.

-- In May 2008, the Group signed a 20-year power purchase
agreement with the Southern Minnesota Municipal Power Agency
(SMMPA) for the Wapsi North (100.5 MW), which should be built
by the end of the year.

-- The Group's Development and Sale of Structured Assets division
signed two contracts. The first, which was signed in April
2008 with Wisconsin Public Service Corporation, covers
delivery of the Crane Creek (99 MW) wind farm due to be
commissioned in 2009. The second contract, which was signed in
June 2008 with MidAmerican Energy, covers the delivery in late
2008 of the Walnut wind farm (100.5 MW).

-- The St-Laurent Energies consortium, comprising EDF Energies
Nouvelles (60%), Quebec-based electricity producer Hydromega
(20%) and Renewable Energy Systems (20%), has been chosen by
Hydro-Quebec Distribution to build five wind farms with a
total of 954 MW in capacity in Quebec.

-- In June 2008, the Group continued to pursue its strategy of
signing multi-year contracts by entering into another deal
with General Electric covering the delivery of 300 MW in
turbines in the United States during 2010.

Europe

-- In June 2008, EDF Energies Nouvelles signed an agreement with
EDF Energy, EDF's UK subsidiary, to set up a joint venture
called EDF Energy Renewables. EDF Energy Renewables, a 50-50
joint venture between EDF Energies Nouvelles and EDF Energy,
will help the Group to become a major player in the United
Kingdom renewable energies market, notably in offshore wind
energy, by leveraging the strong synergies between the two
groups.

-- In accordance with its policy of expansion in the photovoltaic
segment, the Group raised its shareholding during June 2008
from 50% to 90% in Fotosolar, a Spanish company specializing
in solar energy.

OUTLOOK

Given the seasonality of business trends, the pattern of which is
similar to the previous year, and the new power plants due to be
commissioned for the Group's own account and for third parties during
the second half of the year, EDF Energies Nouvelles confirms its
target of at least EUR 200 million in EBITDA during the 2008 financial
year, despite the increasingly negative impact of exchange rate
fluctuations.

EDF Energies Nouvelles also confirms that it is on track to meet
its objective of having 3,000 MW in net installed capacity by year-end
2011, since it had 1,890 MW in service and under construction at 30
June 2008.

Next report: the Group's interim 2008 results are due to be
published on 29 August 2008.

About EDF Energies Nouvelles

With operations in nine European countries and in the United
States, EDF Energies Nouvelles is a market leader in renewable
energies. With a development focused on wind energy for several years
and more recently on solar photovoltaic, now a second priority axis of
development, the group is also present in other segments of the
renewable energies market: small hydro, biomass, biofuel and biogas.
In addition, the Group is expanding its presence in the distributed
renewable energies sector in partnership with EDF.

EDF Energies Nouvelles is a 50 %-owned subsidiary of the EDF
Group. Since 28 November 2006, EDF Energies Nouvelles has been listed
in Compartment A of Eurolist by Euronext Paris, code "EEN", ISIN code:
FR0010400143). www.edf-energies-nouvelles.com

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APPENDIX

Quarterly trends in the EDF Energies Nouvelles group's consolidated
revenues:

In millions of euros 2007 2008 % change
---------------------------------------------------------------------
1st quarter
Europe 39.9 91.6 +129.6%
Americas 7.8 47.7 +511.5%
Total 47.7 139.3 +192.0%
---------------------------------------------------------------------
2nd quarter
Europe 49.1 118.7 +141.8%
Americas 26.8 51.6 +92.5%
Total 75.9 170.3 124.4%
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Year-to-date at 30 June
Europe 89.0 210.3 +136.3%
Americas 34.6 99.3 +187.0%
Total 123.6 309.6 +150.5%
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*T

(1) During the first six months, wind energy capacity in the
United States decreased by 3.2 MW owing to the definitive shutdown of
older turbines at the Difwind 7, enXco 5 and Patterson Pass wind
farms.

EDF EN
Investor Relations:
Dorothee Hontebeyrie, +33 1 40 90 20 50
dorothee.hontebeyrie@edf-en.com
or
Delphine Deshayes, +33 1 40 90 21 45
delphine.deshayes@edf-en.com
or
Press Relations:
Aurelia de Lapeyrouse, +33 1 53 96 83 72
Brunswick
or
Marilys Dubernet, +33 1 40 90 23 70
Corporate Communication Director
presse@edf-en.com

Copyright Business Wire 2008