EDF: the State once again becomes the sole shareholder of the company


(CercleFinance.com) – The State implemented today the compulsory withdrawal procedure for EDF capital securities.

As a reminder, on July 19, the State had announced its intention to launch a simplified takeover bid on EDF’s capital securities and to withdraw the company from the listing.

This operation has now been finalized and the State now holds all of EDF’s capital and voting rights, a way of confirming the fully sovereign nature of nuclear electricity production activities.

“This resumption of total control of our national electrician was a priority for the Government”, underlines Bruno Le Maire, Minister of Economy, Finance and Industrial and Digital Sovereignty.

It was essential to enable EDF to carry out several decisive projects in an accelerated manner: the increase in the production of the existing nuclear fleet, in a context of growing electricity needs, and the construction program for six nuclear reactors using EPR2 technology. ‘by 2050’, he added.

Copyright © 2023 CercleFinance.com. All rights reserved.

Did you like this article ? Share it with your friends with the buttons below.


Twitter


Facebook


LinkedIn


E-mail





Source link -85