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Provider: Finlabo SIM Spa
Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents

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Electricite de France SA and Veolia Environnement SA Reach Agreement on Financing of Dalkia International-Les Echos

Sunday, 17 Feb 2013 07:00pm EST 

Les Echos reported that Electricite de France SA (EDF) and Veolia Environnement SA have reached an agreement on the financing of their joint venture Dalkia International. The agreement provides for the issuance of EUR 600 million in subordinated bonds by Dalkia International, to which its shareholders will subscribe in proportion to their direct interests in the capital, ie. respectively EUR 144 million for EDF and EUR 456 million for Dalkia, financed by a long-term loan from Veolia Environnement SA. 

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