Augwind and EDF have agreed to hold the project in equal shares, with EDF being responsible for first securing the land of the project and later for the construction and operation of the photovoltaic facility. Augwind will act as the storage supplier and lead all aspects of engineering, construction, operation and maintenance of the system. Augwind estimates that the pioneering facility will be completed within 12-24 months from the date the conditions precedent are met. About EDF EDF Group is a French multinational government-held company, headquartered in Paris. EDF is the third largest electricity producer in the world. The company specializes in initiating a variety of energy projects from conventional and renewable sources, including energy generation, distribution, planning, construction and trading. In 2019, the company reported revenues of €71.3 billion. The French conglomerate operates a diverse portfolio of more than 137 gigawatts of power generation plants and active on five continents.