Ford Energy Signs 5-Year Agreement with EDF for 4 GWh Battery Storage Annually
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
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Should l Buy F?
Ford Energy, a wholly owned subsidiary of Ford Motor Company, and EDF power solutions North America, an entity of the EDF Group, announced the signing of a five-year framework agreement under which EDF power solutions will have the ability to procure up to 4 gigawatt hours of DC Block battery energy storage systems, BESS, annually, representing a total potential volume of up to 20 GWh over the term of the agreement. The framework agreement positions Ford Energy as a key BESS supplier for EDF power solutions' growing portfolio of grid-scale energy storage projects across the United States. Deliveries under the agreement are expected to begin in 2028.
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Analyst Views on F
Wall Street analysts forecast F stock price to rise
14 Analyst Rating
3 Buy
10 Hold
1 Sell
Hold
Current: 13.030
Low
11.00
Averages
13.65
High
16.00
Current: 13.030
Low
11.00
Averages
13.65
High
16.00
About F
Ford Motor Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles, along with connected services, including BlueCruise (ADAS) and security. The Company's segments include Ford Blue, Ford Model e, Ford Pro, and Ford Credit. The Ford Blue segment primarily includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. The Ford Model e segment primarily includes the sale of its electric vehicles, service parts, accessories, and digital services for retail customers. The Ford Pro segment primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. The Ford Credit segment consists of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities. Its vehicle brands are Ford and Lincoln.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Optimistic Market Outlook: Morgan Stanley analyst Andrew Percoco noted that this deal could be the first of several large customer announcements for Ford Energy, with expectations that Ford's stock price could rise to $21, reflecting increased market interest in its energy business.
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