This project enables to better secure the most critical activities of the Grand Carénage for the existing fleet in France, and to improve the efficiency of engineering services, project management, and some manufacturing activities through EDF' s' experience feedback. Secondly, the memorandum aims also to set up a dedicated company- 80 % owned by EDF and 20 % owned by AREVA NP (then by NEW ANP -)in charge of the design and construction of the nuclear island for new build projects, in France and abroad.