Bruno Lemmer: ‘All options are on the table’ for EDF over-indebted energy giant

Finance Minister Bruno Lemerre told BFM today that the French government, a major shareholder in EDF, would always support the heavily indebted energy giant, stressing that “all options are on the table” when asked if the government was planning to nationalize EDF. .

Earlier in the day, Energy Minister Anies Panier-Rinase told Europe 1 radio that the government was considering full EDF nationalization, noting that nothing had been decided yet.

The EDF, which is more than 80% controlled by the French government, is facing budget delays and excesses for new nuclear power plants in France and Britain, as well as corrosion problems at some of its old reactors.

The prospect of EDF nationalization was highlighted by President Emanuel Macron during his re-election campaign.

SOURCE: ΑΠΕ-ΜΠΕ

Source: Capital

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