The French government has hired Goldman Sachs to help it identify possible restructuring strategies for debt-ridden nuclear utility EDF, according to anonymous sources cited by French business news website BFM Business.
One option reportedly under discussion is full nationalisation, followed by a sale of EDF’s renewables business to raise funds for the construction of six next-generation EPR2 nuclear reactors.
France’s president Emmanuel Macron wants to relaunch the country’s commercial nuclear programme with the construction of at least six new nuclear power reactors – and the possibility of eight more for a total of 14 – if he is reelected in the French presidential election.
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