EnergyWatch

EDF delisting is an option to help nuclear giant, minister says

Électricité de France S.A., the struggling state-controlled nuclear energy giant, may be delisted as part of a transformation aimed at restoring its investment capabilities, Ecology Minister Francois de Rugy said.

Photo: CLAUDE PARIS/AP/POLFOTO/arkiv

Électricité de France S.A., the struggling state-controlled nuclear energy giant, may be delisted as part of a transformation aimed at restoring its investment capabilities, Ecology Minister Francois de Rugy said.

A 100 percent state-owned entity could include nuclear plants, and may also add hydroelectric dams and other assets, the minister said. The comments are the clearest to date that the government is considering regaining full control of the utility’s nuclear assets, which are the country’s electric backbone, amid reactor shutdowns and the expansion of renewable energy.

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