After 18 years, Électricité de France SA leaves the stock exchange. Delistig completed: public intervention "necessary" to ensure France's energy independence. At the end of the month the new business plan
The French energy giant's monstrous loss in 2022 cannot be reduced to a bad economic situation. Here are the real "culprits" of its decline
The agreement aims to "enhance the skills of the Italian nuclear supply chain and at the same time initiate a reflection on the possible role of the new nuclear power in the energy transition in Italy". Ansaldo will be the main player in Italy.
The 2022 EDF budget closes with a record loss of 17,9 billion. The French state rises to 96% of the share capital. Italian interest in a possible sale of Edison is growing
The French giant must raise funds to reduce the debt and finance Macron's maxi nuclear plan. And the Italian company represents a precious resource: it can be worth around 8 billion
Energy companies are benefiting from the increase in raw material prices to collect stellar turnovers and fill the reds. What will become of them when the flame goes out? Here are the first data.
12 euros per share for 100% control of Edf. The stock soars on the stock market and approaches the takeover bid price. Here is the French state's plan to nationalize the energy giant
Saipem opens with a new thud in Piazza Affari. EDF calls for the suspension of negotiations pending the decisions of the Macron government
The concepts of nationalization and state aid are cleared when it comes to energy companies. In Italy, the government supervises through its subsidiaries
The finance minister confirms that the government is evaluating the hypothesis to allow the group to build the new nuclear reactors envisaged in Macron's energy plan
While the asset transfer may help the oil and gas majors execute on their energy transition plans, it won't help reduce global greenhouse gas emissions.
Edf's capital increase follows a series of vicissitudes due to nuclear production and government measures to contain energy costs
The Edf group ends 2021 with growth but the slowdown in nuclear production and the Elysée measures against high bills risk causing earnings to collapse by 70% in 2022
The French government decrees a halt to price increases and unleashes sales on Edf. Repercussions also on Enel. The Italian government is evaluating new measures to contain high bills and aims to increase domestic gas production
According to Dagmar Droogsma (EDF): "The EU legislative proposal does not address the problem of emissions associated with imports which make up 85% of European gas consumption"
Despite the race for reconfirmation at the Elysée, the French President relaunches the program for 6 new latest generation nuclear power plants, which guarantee clean energy at low cost
The issue of methane emissions stands out on the international agenda for 2021, both in the G20 and in the Cop26 context. To accelerate the reduction of emissions, the Global Methane Pledge is born: those who join undertake to cut their emissions of…
According to the UN report, there is no more time, the climate is changing and also rapidly. Only concrete actions to reduce CO2 and other greenhouse gas emissions could limit the ongoing climate change. Fred Krupp, (President of EDF):…
The French electricity company gains more than 10% on the Paris Stock Exchange after rumors about the government's plan to nationalize the group, currently already public for 83,7% of the capital
The French group has seen profits fall by 87% in 2020 and is now raising its targets on renewables. The Italian subsidiary, on the other hand, has growing accounts, while it is also deep red for Repsol.
The French energy giant is losing 18% of its value. According to Bfm, the European Union has asked the French government to extend the negotiations on the nuclear reform for another six months - The restructuring of EDF depends on the reform
The French group recorded losses of 700 million in the first six months, also due to the extra costs of the Flamanville nuclear power plant. It will sell 3 billion of assets between now and 2022 and according to the transalpine press there would also be Edison with…
Reducing methane and gas emissions plays a key role in the fight against global warming - MethaneSAT is EDF's new satellite that will provide global coverage, beating any satellite in orbit or on the table
Agreement between Edf, Mitsubishi and Assystem. The French group declares itself open to the entry of strategic partners in its subsidiary which manages nuclear power
There will be no layoffs, but only early retirements and early retirement incentives - The reduction comes after the one already made last year on 2.000 jobs
The Pesenti family's financial company aims to purchase a share of between 20 and 25% of Edison from Edf - To do so, Italmobiliare aims to set up a consortium that raises around one billion euros - The…
The project for the new atomic power plants at Hinkley Point, in Great Britain, would cost more than 23 billion euros: a figure that many consider unsustainable even for the French energy giant, so much so that the CFO has resigned - Les…
Électricité de France, the largest energy producer and distributor in France, will sell 10 billion assets by 2020 in order to finance new investments and meet targets. The sale of EDNn.MI, a subsidiary of Edison, is possible.
The CEO of Edf and president of Edison, Jean Bernard Levy announced an opening of Edison's capital to favor the development of the company in Italy through possible mergers. However, Edf intends to maintain control of the company, but - specifies Levy…
The French public energy giant condemned by the European Commission for failing to comply with the Antitrust rules on state aid. Falling stock on the Paris Stock Exchange
The Elysee press release reads that “from now on the design, construction management and marketing activities of the new EDF and Areva reactors will be aggregated in a dedicated company. This merger will enable an ambitious export policy and…
Assessments by Platts and Forbes: ExxonMobil confirms itself as the most profitable oil company in the world, leap by BP, Russians do well. Enel conquers positions in electricity but the Italians are struggling to get to the top - American shale producers are advancing…
Yesterday, the French National Assembly's economic affairs commission had already given the go-ahead for the appointment of Levy as number one in the energy group, replacing the 65-year-old Henri Proglio.
Jean-Bernard Levy is the current company boss of Thales and is well-liked but has no direct experience in energy. The change of guard is officially linked to reasons of age, in truth the change of government and Hollande's will also play into it...
The United Kingdom manages to restart its nuclear plans - By 2023 a consortium led by EDF, together with Areva and Chinese partners, will build two EPR reactors at the Hinkley site, in the south west of the island - Yes…
Edison, controlled by the French Edf, has given a mandate to Lazard and Morgan Stanley to create an asset company in which to bring together all its green plants controlled by Edens and those of Edf Energie Nouvelles, the Italian subsidiary of the French…
The first meeting between 300 Tigf employees and the heads of Snam, Gic and Edf, the companies in the consortium that took over the company at the end of July, took place today in Pau, France - "Thanks to a…
The transalpine utility closed the first half of the year with an EBITDA of 9,7 billion euros, +6,9% compared to the same period of 2012 and above the 9,24 billion consensus estimates - Immediate news stock market exploit: +7% with effects on utilities…
The hypothesis of the appointment of an Italian president has been set aside for now. According to Radiocor, Henri Proglio will be reconfirmed president of Edison. The assembly will take place on March 22nd.
Turnover increased last year by 11,4% - For 2013, the French electricity giant that controls Edison has announced the launch of a savings plan of one billion euros called "Spark" and has indicated as a new objective growth …
In an interview with "Corriere della Sera", the number one of EdF and president of Edison, Henry Proglio, explains the plans that the French group has for the Foro Bonaparte company after the departure of the Italian shareholders - "Edison will become the…
The French repaid the 1,26 billion loan that had been contracted in 2005 by the holding jointly owned by Edf and the Italian consortium led by A2A.
"There is not a fire", the Prefecture then specified - A company spokesman revealed that "it was a release of hydrogen peroxide vapor, which reacted with water" - Two injured.
The Franco-Polish financier declares his intention to join the takeover bid promoted by Edf on Edison - Yesterday the administrative court postponed the discussion of the appeal presented by Zaleski until Consob's pronouncement on the price - Thus the road opens only…
Today Transalpina di Energia (Tde) announced that Consob has approved the tender offer on Edison's ordinary shares, each valued at 0,89 euros - Meanwhile, the new Edf-branded Edison lands in the Falklands thanks to an agreement with Fogl for…
The president of Edf, also number one of Edison since yesterday, underlines that the Italian company no longer needs any capital increase - The Milan base will be "the gas platform for the group in its…
Here is the new Edison after the reorganization and the passage into the hands of the French EDF - The new names on the Edison board of directors are those of Beatrice Bigois, Bruno D'Onghia, Adrien Jami, Jorge Mora and Nicole Verdier-Naves.
The French of Edf have reached an agreement with the market supervisory authority for a public purchase offer of 89 cents per share - For Italian shareholders it means an outlay of almost 80 million more - Tomorrow…
The action today travels in the deep red in Piazza Affari, after yesterday evening the supervisory authority pronounced its no to the price of the Edison takeover bid set by EDF - Doubts about what the French will decide: they will blow up the…
In the wake of the sovereign valuation, the ax of Standard & Poor's falls on the large French public companies - Edf, Rte and Sncf rejected
The companies explain in a joint note that "the agreement is a preliminary agreement and concerns the general principles of an operation with different characteristics compared to the operation under negotiation in recent months and the related question presented to Consob by Edf…
The agreement on the new governance was confirmed today by the general manager of Iren, Andrea Viero, at the end of the Board meeting with which Delmi approved the terms of the agreement reached last week with the French Edf on Edison.
The French have accepted the Italian proposal: Edf will acquire 50% of Transalpina d'Energia (safe for 61,3% of Edison) - Delmi will acquire 50% of Edipower held by Edison and 20% held by the Swiss Alpiq respectively for 600 And…
The French have accepted the Italian proposal: 30% of the energy company passes to EDF, which thus rises to 80% overall, while control of Edipower will go to the shareholders gathered in the national consortium Delmi, led by A2A.
The agreement provides for the passage of 30% of the energy company to the French and the entire Edipower to the national consortium led by A2A - The official communication could arrive as early as the morning, even if the price node does not seem to have been resolved yet.
Edison entirely to the French of Edf, but the Italian shareholders are asking for 100% control of Edipower, which controls six thermoelectric and three hydroelectric plants: take it or leave it, is the latest proposal put on the table in a difficult negotiation - The…
The summit with Minister Passera concluded - Tarantini: "Today we will present our proposal to the French. It is the last one" - Tabacci: "They will accept, if they don't want war..." - In the future, "Delmi and Edipower will be able to merge " - Do not have to…
The president of Foro Bonaparte confirmed that the supervisory board of A2A will be held on November 29 and that "the match will be asked for" by the end of the month. Regarding the conflict of interest of the new Minister for Development…
High tension for minorities who fear the response of the Vegas institute on the Edison takeover bid - Romain Zaleski's holding company risks being electrocuted: if the price of 0,85 euros per share is confirmed, Tassara would record a capital loss of 320…
3-5 year put on all shares - The president will be Italian but EdF will manage everything - Demerger of Edipower and division of plants and power stations - Delmi will maintain a presence in Edison - This is the end…
The most probable outcome would lead to an Italian presidency and a shareholders' agreement between Delmi and EDF which guarantees safeguards in favor of the holding company of Edison's Italian shareholders, destined to become the group's new minority shareholder.…
The revenues of the group, which has just passed into the hands of the French EDF, grew by 13% in the first nine months of the year, to 8,5 billion euros. The loss was affected by the Robin Hood tax for 23 million euros. Confirm…
Today the general manager of the Lombard utility (lead of the Italian partners in Edison), Renato Ravanelli, meets the financial director of Edf, Thomas Piquemal. The goal is to say no to the proposal formulated on Monday by the French group and restart from the March pre-agreement.…