Tue, 21-Oct-2025

Exclusive: Nationalization of EDF by France is expected to cost more than 8 billion euros

Nationalization of EDF

According to two sources with knowledge of the situation, the French government is prepared to spend more than 8 billion euros ($8.05 billion) to regain full control over the power company EDF (EDF.PA). The agreement is expected to be finalized in the fourth quarter. EDF and the ministry of the economy declined to comment. According … Read more