EDF Restructuring Talks Enter Final Stage; Outcome Expected by End March -Reuters
11 Marzo 2021 - 4:11PM
Dow Jones News
--Talks between the French government and the European Union
over Electricite de France SA's restructuring are expected to reach
a conclusion by the end of the month, Reuters reports, citing two
union sources and a source familiar with the matter.
--The outcome of the negotiations is still uncertain, but there
is some cause for optimism that a deal could be reached as the
parties enter the final stages of discussion, according to the news
outlet.
--Talks between France and the EU concern a planned
reorganization of the French utility--so-called Project
Hercules--and a reform of the Arenh price mechanism, under which
energy suppliers secure nuclear power from EDF at fixed prices.
Full story: https://reut.rs/3vggp79
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(END) Dow Jones Newswires
March 11, 2021 09:56 ET (14:56 GMT)
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