EDF Buys German Energy-Trading Company
13 Giugno 2019 - 6:27PM
Dow Jones News
By Cristina Roca
Electricite de France SA (EDF.FR) said Thursday that it has
bought e2m, a German electricity-trading company specialized in
local flexibility and renewable energy.
The French energy company didn't disclose financial details, and
said the acquisition should close by the end of the third quarter
of this year.
The acquisition is part of EDF's strategy to speed up its
development of renewable energy and storage." With this
acquisition, EDF becomes a major player in the direct marketing and
local flexibility markets in Germany," EDF said.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
June 13, 2019 12:12 ET (16:12 GMT)
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