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France Offers $14B Tenders For Wind Farms

The French government is planning to construct five offshore wind farms.

    The French government is planning to construct five offshore wind farms,The Wall Street Journalreports. The government has floated a $14.26 billon tender offer for building the farms and a second tender is expected to be launched in April 2012.

    GDF Suez,VinciandArevaare expected to offer bids for the project. A group of six engineering firms, includingEDF Energies Nouvelles,AlstomandDong Energy, may also be interested in the tender auction.

    Click here for the story fromThe Wall Street Journal.

    Click here for the additional coverage fromBloomberg.

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