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Electricite de France SA (EDF.PA)

EDF.PA on Paris Stock Exchange

8.93EUR
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Latest Key Developments (Source: Significant Developments)

Assystem Links With Hinkley Point C
Thursday, 18 Jun 2020 

June 18 (Reuters) - ASSYSTEM SA ::ASSYSTEM LINKS WITH HINKLEY POINT C ON CONTRACT TO CREATE JOBS ACROSS THE UK.  Full Article

UV Germi Equips EDF Power Plants With Its GERMIBAL2Z60 Lamp
Tuesday, 16 Jun 2020 

June 16 (Reuters) - UV GERMI SA ::EQUIPS EDF POWER PLANTS WITH ITS GERMIBAL2Z60 LAMP.  Full Article

EDF Renewables, Enbridge And wpd Start Construction Of Fecamp Offshore Wind Farm
Tuesday, 2 Jun 2020 

June 2 (Reuters) - Electricite de France SA ::FÉCAMP OFFSHORE WIND FARM STARTS CONSTRUCTION.TOTAL PROJECT CAPITAL COST IS ESTIMATED TO BE EUR2 BILLION, OF WHICH THE MAJORITY WILL BE FINANCED THROUGH NON-RECOURSE PROJECT LEVEL DEBT.FÉCAMP OFFSHORE WIND FARM IS UNDERPINNED BY A 20-YEAR POWER PURCHASE AGREEMENT (PPA) GRANTED BY THE STATE, IN JUNE 2018.500 MW FÉCAMP OFFSHORE WIND FARM WILL BE COMPOSED OF 71 WIND TURBINES LOCATED BETWEEN 13KM AND 22KM FROM THE COAST OF NORTHWEST FRANCE.PROJECT COMMISSIONING IS SCHEDULED IN 2023.  Full Article

France's nuclear regulator not aware of new delay in Flamanville's EPR
Thursday, 28 May 2020 

May 28 (Reuters) - Bernard Doroszczuk, head France's (ASN) nuclear regulator, Electricite de France SA ::SAYS DURING PARLIAMENTARY HEARING HE'S NOT AWARE OF ANY NEW DELAY IN FLAMANVILLE'S EPR PROJECT.SAYS ASN IS EXPECTING SOME MODIFICATIONS IN PLAN TO EXTEND LIFE OF EDF'S <<>> NUCLEAR SITES.  Full Article

EDF says coronavirus impact on Q1 Ebitda should be €200 mln
Thursday, 14 May 2020 

May 14 (Reuters) - Electricite de France's chief financial officer Xavier Girre ::SAYS CONTINUING TALKS WITH BRUSSELS REGARDING NEW REGULATIONS FOR FRENCH NUCLEAR INDUSTRY.SAYS WRITE-OFFS ON BILLS COULD RESULT IN A NEGATIVE IMPACT OF SEVERAL HUNDREDS OF MILLIONS OF EUROS THIS YEAR.SAYS CORONAVIRUS SHOULD HAVE AN ESTIMATED €200 MILLION IMPACT ON Q1 EBITDA.  Full Article

EDF Posts Q1 Sales At EUR 20.7 Bln, Withdraws 2020, 2021 Guidance
Thursday, 14 May 2020 

May 14 (Reuters) - Electricite de France SA ::REG-EDF: FINANCIAL INFORMATION AT 31 MARCH 2020 SALES BROADLY STABLE EDF GROUP IS SUPPORTIVE AND FOCUSED ON ENSURING CONTINUITY OF SERVICE IN THE FACE OF THE SANITARY CRISIS.GROUP SALES EUR 20.7BN -1.0% ORG..A SOLID LIQUIDITY POSITION OF EUR 28.8 BILLION AT END OF MARCH .REVISION OF ANNUAL NUCLEAR OUTPUT FORECAST IN REGION OF 300TWH IN 2020 WHILST RANGING FROM 330 TO 360TWH EACH YEAR IN 2021 AND IN 2022.WITHDRAWAL OF ALL FINANCIAL TARGETS FOR 2020 AND 2021.SLOWDOWN OF PROJECTS UNDER CONSTRUCTION SINCE MID-MARCH (INCLUDING FLAMANVILLE 3 AND HPC).Q1 NUCLEAR OUTPUT FRANCE -GENERATION AMOUNTED TO 101.2TWH, DOWN 10.6TWH COMPARED TO Q1 IN 2019 .DROP IN DEMAND, COMBINED WITH DECLINE IN NUCLEAR GENERATION, LED TO A NEGATIVE VOLUME EFFECT THAT WEIGHED ON SALES FOR AN ESTIMATED EUR 446 MILLION.  Full Article

Engie: not invoked force majeure over Arenh deals stuck with EDF
Tuesday, 12 May 2020 

May 12 (Reuters) - Engie ::SAYS IT HAS NOT INVOKED FORCE MAJEURE REGARDING ARENH DEALS STRUCK WITH EDF.  Full Article

EDF Revises Annual Nuclear Output Forecast
Thursday, 16 Apr 2020 

April 16 (Reuters) - ELECTRICITE DE FRANCE SA ::REVISES ITS ANNUAL NUCLEAR OUTPUT FORECAST.IS CONSEQUENTLY ADJUSTING ITS MAINTENANCE OUTAGE PLAN IN ORDER TO OPTIMISE OUTPUT CAPACITY.ESTIMATES THAT ITS ANNUAL NUCLEAR OUTPUT WILL BE IN REGION OF 300 TWH IN 2020, WHILST RANGING FROM 330 TO 360 EACH YEAR IN 2021 AND 2022.ECONOMIC SLOW-DOWN HAS BROUGHT ABOUT A DROP IN ELECTRICITY CONSUMPTION, WHICH COULD POTENTIALLY FALL TO 20% OF USUAL LEVELS, THEREBY RESULTING IN REDUCED NUCLEAR OUTPUT.A NUMBER OF NUCLEAR REACTORS MAY HAVE TO BE TAKEN OFF LINE THIS COMING SUMMER AND AUTUMN IN ORDER TO SAVE FUEL ON THESE POWER PLANTS.  Full Article

EDF Withdraws Financial Targets For 2020 And 2021
Tuesday, 14 Apr 2020 

April 14 (Reuters) - Electricite de France SA ::UPDATE ON CONSEQUENCES OF COVID-19 SANITARY CRISIS.WITHDRAWS ALL ITS FINANCIAL TARGETS FOR 2020, INCLUDING THE LOWER END OF THE EBITDA RANGE OF €17.5 BILLION, AS WELL AS FOR 2021.  Full Article

EDF Says It Will Not Pay A Final Dividend For 2019
Thursday, 2 Apr 2020 

April 2 (Reuters) - Electricite de France SA ::REG-EDF: INFORMATION CONCERNING THE EDF SHAREHOLDERS’ MEETING ON 7 MAY 2020 AND THE 2019 DIVIDEND.BOARD OF DIRECTORS HAS ALSO DECIDED TO PROPOSE TO SHAREHOLDERS' MEETING NOT TO PAY A FINAL DIVIDEND FOR 2019 FINANCIAL YEAR.IT WILL ALSO BE PROPOSED NOT TO APPLY ANY INCREASE TO 2019 INTERIM DIVIDEND FOR LOYALTY SHARES.BOARD OF DIRECTORS HAS DECIDED NOT TO PROPOSE DIVIDEND PAYMENT FOR FINANCIAL YEAR ENDED 31 DECEMBER 2019, BEYOND 2019 INTERIM DIVIDEND IN AMOUNT OF EUR 0.15 WHICH WAS PAID ON 17 DECEMBER 2019.  Full Article

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France's EDF forms joint venture to develop wind farms in China

PARIS French state-controlled power group EDF said on Tuesday it had agreed a joint venture partnership with China Energy Investment Corporation (CEI) to develop offshore wind farms in China.