Newly-named EDF Renewable Energy 'in for the long-term' in US

After 10 years as a unit of EDF Energy Nouvelles (EDF EN), North American renewable energy developer enXco is being renamed to reflect its full integration with a French parent group that is taking a long-term view of the US market.

The name change – to EDF Renewable Energy (EDF RE) for the development arm and EDF Renewable Services for the operations and maintenance (O&M) business – is the last step in an integration process ongoing for a decade, says chief executive Tristan Grimbert.

It comes a year after French energy giant EDF bought-out the remaining position of Energy Nouvelles founder Pâris Mouratoglou, and delisted EDF EN.

EDF took the opportunity to affirm its commitment to the North American renewables market, despite challenges ahead and job cuts at other developers.

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