(AOF) – EDF and Crédit Agricole CIB have announced the signing of a green bilateral loan of one billion euros dedicated to financing the maintenance of the existing nuclear fleet in France. The two companies have signed the first transaction whose funds will be entirely dedicated to investments made for nuclear activity. The loan is part of the major industrial program of the Grand Carénage which aims to improve the safety and continue the operation of the reactors of the nuclear fleet beyond 40 years.
“In addition to the significant benefits for the fight against climate change, this agreement underlines the interest of the Crédit Agricole group for EDF projects with strong economic benefits in French territories”, explained the French bank.