Coentreprise de Transport d'Electricité : 2015 and 2016 Annual Results

23 juni 2017

Not for distribution, directly or indirectly, in the United States of America, Australia, Japan or Canada
  PRESS RELEASE
Paris, 23 June 2017
2015 and 2016 Annual Results

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The financial statements as at 31 December 2015 and 31 December 2016 and the auditors' report on the financial statements for 2015 and 2016 in French are available on the Group's website at www.ctelectricite.com/en under Investor Relations / Financial Results.
Contact details :        Tel : + 33 (0)1 40 42 40 09

About Coentreprise de Transport d'Electricité Coentreprise de Transport d'Electricité is a holding company which holds 100% of the share capital of RTE Réseau de Transport d'Electricité. Coentreprise de Transport d'Electricité is held at 50.1% by EDF, 29.9% by Caisse des Dépôts et Consignations, and at 20% by CNP Assurances. RTE Réseau de Transport d'Electricité RTE Réseau de Transport d'Electricité is the operator of the French electrical power transmission network which it also owns, maintains and develops. As such, it principally performs the following three functions: manages power flows: RTE Réseau de Transport d'Electricité is responsible for the supply/demand balance and makes adjustments, manages electricity flows and manages access rights to international interconnections, in collaboration with neighbouring network operators. It mobilizes reserves and compensates for losses. It makes the necessary accounting adjustments and resolves imbalances; manages the transmission infrastructure: RTE Réseau de Transport d'Electricité operates and maintains the public transmission network and is responsible for its development, for minimizing costs for the community and for ensuring the safety of the system, people and property; and guarantees access to the transmission network: RTE Réseau de Transport d'Electricité enters into contracts with transmission network users on the basis of network access tariffs and in accordance with rules of non-discrimination. In addition, Article L111-46 of the French Energy Code authorises RTE Réseau de Transport d'Electricité to participate in the identification and the analysis of any action proposed to be taken to control electricity supply, to the extent that such action may encourage a balance of supply and / or demand. www.ctelectricite.com/en

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