The French Ministry of Finance said today, Monday, that the government, which is seeking to regain control of the full ownership of the French Electricity Company “EDF”, has no later plan to dismantle this institution after the acquisition process, which amounted to 9. 7 billion euros (10 billion dollars) According to Bloomberg News Agency.
Officials at the Ministry of Finance said at a press conference today, Monday, that the country, which already owns 84 % of the nuclear giant, wants the company to continue to increase its production of renewable energy besides building new nuclear plants.
The officials, who spoke, provided that their identity was not disclosed, told reporters that the government has no intention to offer the electrical energy privileges of “EDF”.
They added that the new CEO of the company, Luk Rimont, will have to submit proposals for the group’s strategy, including financing nuclear stations.
France seeks to obtain the approval of the Financial Markets Regulatory Authority to launch a nationalization campaign for the heavy debt company. This acquisition aims to simplify the decision -making process in the company, reassure its creditors, and help it finance the construction of at least six new nuclear reactors..
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