The French government is planning to pay €9.7bn to fully nationalise EDF, as it moves to bolster the nuclear specialist’s finances amid an energy crisis and to prepare for an ambitious programme of nuclear new build.
The state, which already holds 84% of the company, will launch a tender offer to buy out the remaining shares and convertible bonds after the summer.
The government is trying to increase the security of domestic energy supplies amid concerns over the finances of the energy company.
The state, which already holds 84% of the company, will launch a tender offer to buy out the remaining shares and convertible bonds after the summer.
The government is trying to increase the security of domestic energy supplies amid concerns over the finances of the energy company.
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