Centrales Nucléaires en Participation SA is terminating the contract for the procurement of electricity from the Fessenheim nuclear power plant. This contractual agreement with EDF, the owner and operator of the power plant, grants CNP the right to procure electricity from the Fessenheim nuclear power plant in France. The contract and the associated rights will end on 31 December 2017.
The contract regulated the supply of energy from the Fessenheim power plant to CNP and guaranteed CNP the right to purchase 15% of the electricity generated by each of the two power plant units. This corresponded to approximately 1,700 GWh of electricity per year. The CNP is a consortium consisting of Alpiq, Axpo and BKW. Each company holds a third of CNP’s share capital and draws electricity from CNP in proportion to their shareholding.