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Electricite De France SA (EDF.PA)

EDF.PA on Paris Stock Exchange

8.95EUR
24 Feb 2017
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Latest Key Developments (Source: Significant Developments)

France's ASN to rule on nuclear plant life extensions in 2019
Wednesday, 22 Feb 2017 05:05am EST 

Electricite De France Sa : French nuclear regulator asn chief chevet tells French parliament: about life extension of edf nuclear plants we will be able to give a generic recommendation in 2019 .French nuclear regulator asn chief chevet says i do not think that life extension to 80 years for french nuclear plants can be acceptable.  Full Article

EDF preparing capital increase for coming weeks
Monday, 20 Feb 2017 07:23am EST 

Edf : Ceo jb levy says on bfm business that the company preparing capital increase for coming weeks . Ceo says capital increase will have attractive discount for small investors . Ceo says hopes euronext will put company back into benchmark cac-40 index again .Ceo says EDF remains on track to start flamanville reactor at end 2018.  Full Article

Edf CEO Levy says UK's Euratom exit not likely to impact Hinkley Point project
Tuesday, 14 Feb 2017 06:23am EST 

Electricite De France Sa : Edf exec miniere says that in paluel 2 reactor the fallen steam generator has been righted and taken out of reactor building . Edf's levy says export perspectives for epr reactor are improving significantly . Edf's levy says sees no impact of areva-cnnc talks on its talks with cgn, says climate of confidence exists with chinese partners . Edf's levy says thinks it is highly unlikely that asn will not approve safety of flamanville reactor vessel .Edf ceo levy says uk's euratom exit not likely to impact hinkley point project.  Full Article

EDF notified of strike in March
Thursday, 9 Feb 2017 05:04am EST 

Edf : Strike notice at EDF from Monday 06/03/2017 00:00 am to Wednesday 08/03/2017 12:00 pm local time. . EDF announces strike notice on its website Further company coverage: [EDF.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

EDF and ENKSZ complete transaction for the sale of 100% of EDF DÉMÁSZ Zrt
Wednesday, 1 Feb 2017 02:37am EST 

EDF : EDF and ENKSZ have completed the transaction for the sale of the whole of EDF's stake in EDF DÉMÁSZ Zrt, its Hungarian subsidiary . Transaction values the 100% stake of EDF in EDF DÉMÁSZ Zrt at approximately 400 million euros ($431 million) .Deal marks new step forward in the execution of EDF's disposal plan for the 2015-2020 period, says EDF.  Full Article

EDF confirms compensation protocol on Fessenheim closure
Tuesday, 24 Jan 2017 07:42am EST 

EDF : Board approved the terms of the protocol and authorised the CEO to sign it on behalf of EDF in due course . Fixed initial portion covering the anticipated costs associated with the closure (costs of staff retraining, decommissioning, the INB tax and "post-operation" costs). . Fixed portion is currently estimated at approximately €490 million, 20% of which would be paid in 2019 and 80% in 2021 . Further, variable portion giving rise, where applicable, to subsequent payments reflecting EDF's shortfall up to 2041 . This will be determined on the basis of market prices and EDF's 900 MW generation volumes, without Fessenheim, as established over that period. . EDF's partners in the power plant (EnBW and CNP) will be entitled, under certain conditions, to receive a share of the shortfall compensation in proportion to their contractual rights over the generation capacity of the power plant . In addition, the closure of the Fessenheim plant requires a decree revoking the licence to operate the power plant, to be issued at the request of the company and which, in application of the law, will take effect at the same time as the commissioning of the Flamanville 3 EPR, scheduled for late 2018.  Full Article

EDF notified of strike on Jan 25-Jan 26
Monday, 23 Jan 2017 08:30am EST 

EDF : Strike notice at EDF from Wednesday 25/01/2017 05:00 PM to Thursday 26/01/2017 09:00 PM, EDF says on website . No further details given on website announcement . EDF workers had already gone on strike earlier in January [nL5N1F22FZ] Further company coverage: [EDF.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Edf Energies Nouvelles continues expansion in wind and solar energy in North America
Wednesday, 11 Jan 2017 03:07am EST 

EDF Energies Nouvelles : EDF Energies Nouvelles announces commissioning of four wind farms in the United States with installed capacity totalling over 708 MW . In North America, the group has also accelerated its solar energy expansion drive in 2016 with notably a new 150 MWac project in the United States . Company says new initiatives will contribute to EDF Group's CAP 2030 strategy which aims at doubling its renewable energy capacity by 2030 Further company coverage: [EDF.PA] ((sudip.kargupta@thomsonreuters.com;)).  Full Article

Paladin Energy updates on EDF off-take contract
Monday, 9 Jan 2017 11:11pm EST 

Paladin Energy Ltd : Receives notice from Électricité de France regarding EDF's $200 mln pre-payment under long term off-take contract . EDF has requested security for pre-payment in addition to its existing security over 60.1% of Michelin Project in Canada . May be required to provide additional security and Paladin has been discussing potential additional security and value of the same . Paladin energy says EDF informed co that value of additional security proposed by Paladin is less than value required by off-take contract .Paladin energy says co does not agree with EDF's position; the matter will now proceed to independent expert valuation.  Full Article

Albioma signing of second rider to EDF contract and financing of IED compliance costs
Friday, 23 Dec 2016 01:00pm EST 

Albioma SA : Albioma Bois-Rouge power plant on Reunion island signed a second rider to its power purchase agreement with edf following approval from french energy regulatory commission . Albioma Bois-Rouge raised 144 million euro ($150.4 million) long-term bank loan to finance capital expenditure to bring its emissions treatment systems into compliance with standards and refinance existing debt .Drawings under this loan will take place between 2017 and 2019, as construction of new equipment progresses.  Full Article

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