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Electricite de France SA (EDF.PA)

EDF.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

EDF says confident Flamanville to start in time despite irregularities
Tuesday, 25 Oct 2016 12:57pm EDT 

Areva Sa : Edf official tells french parliament hearing that company has great confidence in ability to start flamanville reactor on time as scheduled .Edf official edf oficial says irregularities found in flamanville components will have no impact on schedule.  Full Article

EDF sets 0.5 euro interim dividend
Friday, 30 Sep 2016 11:43am EDT 

Electricite De France Sa :.  Full Article

Moody's downgrades EDF's ratings to A3/P-2; stable outlook
Wednesday, 28 Sep 2016 03:30pm EDT 

Moody's - : Downgrades EDF's Ratings To A3/P-2; stable outlook . Downgraded to a3 from a2 long-term issuer and senior unsecured ratings of EDF; perpetual junior subordinated debt ratings to baa3 from baa2 . Downgrade on view that April's action plan to not be enough to fully offset impact of risks associated with Hinkley Point project on EDF's credit profile . Significant scale and complexity of HPC project will affect EDF's business and financial risk profiles . HPC project will expose EDF and its partner China General Nuclear Power Corporation to significant construction risk .Expects EDF's funds from operations to net debt to be in mid to high teens in percentage terms from 2017 onwards.  Full Article

Gaussin sells 25 tonne vehicle to EDF
Tuesday, 16 Aug 2016 11:55am EDT 

Gaussin SA :Announces the sale of a 25 tonne vehicle to EDF for its nuclear activities.  Full Article

Sulzer wins contract with French EDF for delivery of 28 pumping units
Thursday, 7 Jul 2016 10:44pm EDT 

Sulzer AG : Sulzer wins contract with French Electricite De France SA (EDF) for the delivery of 28 pumping units .Contract consists of qualifying a pump set prototype, manufacturing, and installing 28 pumping units over the next 15 years.  Full Article

French strike cut 3,000 MW in power capacity on Thursday -CGT union
Thursday, 9 Jun 2016 04:00am EDT 

Electricite De France S.A. : CGT union says rolling nationwide strike against planned labour reform has cut 3,000 MW in French power capacity on Thursday morning. .CGT says striking workers were blockading several power production units including nuclear plants..  Full Article

Bam Groep wins contract with EDF Energy Renewables
Tuesday, 7 Jun 2016 02:53am EDT 

BAM Groep : Wins contract to design, fabricate and install five full-size gravity base foundations for wind turbines off Northumberland coast . Project is due for completion during summer 2017 . Contract has been awarded to bam by EDF Energy Renewables via SPV Blyth Offshore Demonstrator Ltd Further company coverage: [BAMN.AS] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

CEZ says submitted non-binding bid for Polish assets of EdF
Friday, 3 Jun 2016 02:03pm EDT 

Cez says : four heating plants and four heating plants with heat distribution for sale by EdF .installeled capacity 1.4 GW in power and 4.4 GW in thermal.  Full Article

Edison ready to open up capital were it to buy Eni retail business
Wednesday, 25 May 2016 07:00am EDT 

Marc Benayoun, the CEO of EDF's Italian unit Edison, says: Edison would be ready to open its capital to investors if it were to buy the retail gas and power business of Italian oil major Eni . says at moment Eni has not opened any sales process for its retail unit but if it did Edison would consider it Further company coverage: [EDF.PA] (Reporting by Milan newsroom).  Full Article

BRIEF-RTE's Brottes: industrial project to be ready mid-July
Wednesday, 11 May 2016 09:55am EDT 

Corrects time reference.: Edf grid unit RTE chief Brottes tells French parliament that rte is not considering job cuts .RTE's Brottes says industrial project will be ready end-June to mid-July, can't see capital opening before that.  Full Article


Desperate uranium miners switch to survival mode despite nuclear rebound

LONDON The nuclear industry is gradually recovering from its post-Fukushima slump, but excess capacity keeps uranium prices at record lows, forcing mining companies to mothball mines, slice costs and cut debt as they struggle to survive.