Electricite de France SA (EDF.PA)
25 Jul 2017
AIX-EN-PROVENCE, France French utility Veolia has the financial firepower to make a multi-billion euro acquisition, its chief executive said on Saturday.
* Approached EDF to grant a standstill in respect of enforcement by EDF of approximately US$277 million due to it on 10 July 2017
BOLOGNA, Italy French environment and energy minister Nicolas Hulot said on Monday that the government plans to close some nuclear reactors of state-controlled utility EDF to reduce nuclear's share of the country's power mix.
BRUSSELS, May 15 The following are mergers under review by the European Commission and a brief guide to the EU merger process:
* EDF Energy Chief Executive Vincent de Rivaz says there will be "no impact" on its nuclear project Hinkley Point C in Britain from issues at Areva's Le Creusot factory in France.
LONDON/FRANKFURT European utilities are losing billions of euros from gas storage facilities, potentially triggering site closures and divestments in a market suffering from oversupply and weak demand.
* Board of directors approve capital increase of about 4 billion euros ($4.24 billion)