GDF Suez SA Sells 60% Stake in Canadian Renewable Energy Portfolio to Mitsui & Co. Ltd. and Consortium Led by Fiera Axium Infrastructure Inc but Remains Majority Shareholder

GDF Suez SA announced that it has concluded the sale of a 60% stake of its Canadian renewable energy portfolio representing capacity of 680 megawatt to Mitsui & Co. Ltd. and a consortium led by Fiera Axium Infrastructure Inc. Each holds a 30% stake in the new joint venture. The Company will remain a majority shareholder with a 40% participation. The 680 megawatts portfolio corresponds to wind farms with installed capacity of 363 megawatts and additional 317 megawatts whose exploration shall commence in 2013 and 2014. They are located in Ontario, Nouveau-Brunswick, Ile du Prince Edouard and Colombie Britannique.