EDF's restructuring on hold with France and EU failing to agree terms, official says

By Tono Gil ( July 29, 2021, 14:50 GMT | Insight) -- Power giant Electricité de France's restructuring plan remains on hold because France has been unable to reach a "comprehensive agreement" with EU officials on how it will sell nuclear power and open hydroelectric dam maintenance contracts to competitors, a French government official told MLex today. The European Commission has long said France might be allowing the mostly state-owned utility to abuse its market power in contravention of EU rules.Power giant Electricité de France's restructuring plan remains on hold because France has been unable to reach a "comprehensive agreement" with EU officials on how it will sell nuclear power and open hydroelectric dam maintenance contracts to competitors, a French government official told MLex today....

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EDF's restructuring on hold with France and EU failing to agree terms, official says

Prepare for tomorrow’s regulatory change, today

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