EDF Energies Nouvelles has devoted significant investment to building a major project portfolio and establishing long-term positions in the marketplace. After pursuing an expansion strategy to broaden its geographical base, EDF Energies Nouvelles has concentrated on leveraging its portfolio to the full and has consolidated its positions in its priority markets. It has made major progress since 2000. The company has laid the foundations for a sustained move into profit by: selecting its investments according to strict profitability criteria, securing garanteed electricity sales contracts running for an average of 15 years, devising optimum financing solutions,   keeping a tight rein on costs by placing a large volume of orders and securing agreements stipulating the services and guarantees to be provided by manufacturers. and controlling the long-term quality of operations with units specialising in operation and maintenance in the USA and long-term maintenance contracts with construction companies in Europe.