Carole Trivi News
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Electricite de France SA, Europe’s biggest power generator, denied it’s considering a takeover of the French water utility Saur with Seche Environnement SA.
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Electricite de France SA’s near record dividend is at risk for the first time in four years as costs spiral at the world’s biggest atomic-power producer.
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Veolia Environnement SA and Electricite de France SA, locked in a dispute over their energy- services business Dalkia, are in talks on sharing investment in the venture to better reflect their holdings.
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An explosion and fire at a French nuclear-waste processing site killed one person and injured four, heightening concern of safety risks from atomic energy following the disaster in Japan six months ago.
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Edison SpA , Italy’s second-largest power producer, is weighing a capital increase of more than 1 billion euros ($1.32 billion) to strengthen its balance sheet as unprofitable gas-supply contracts threaten to further erode earnings, people with direct knowledge of the situation said.
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EnBW Energie Baden-Wuerttemberg AG’s main shareholder has started arbitration proceedings at the Paris-based International Chamber of Commerce to determine if it paid a market price for the stake it acquired from Electricite de France SA.
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French Industry Minister Eric Besson has denied a report that a plan to build a second EPR nuclear reactor in northern France has been abandoned.
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Electricite de France SA Chief Executive Officer Henri Proglio said a French exit from nuclear energy would cost 400 billion euros ($544 billion) and threaten one million jobs.
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Exelon Corp. , the largest operator of U.S. nuclear power plants, is near an agreement to buy Constellation Energy Group Inc . for about $7.7 billion, adding stakes in five reactors in Maryland and New York, according to a person with knowledge of the matter.
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Electricite de France tumbled to a record low in Paris after the country’s highest court, the Conseil D’Etat, ruled that the company overcharged households.
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