MILAN – French energy firm EDF, which is because of be nationalised, is contemplating a sale of Italian vitality group Edison, Milano Finanza (MF) reported on Friday, citing monetary sources.
The sale of Edison, Italy’s second-biggest wind participant which MF stated may very well be value round 6 billion euros ($6.14 billion), would assist the French group minimize debt and assist it fund large investments to repair reactors and construct new nuclear reactors.
The paper added that whereas particulars had but to be ironed out, the thought was to kick-off the sale course of within the first quarter of subsequent yr, as soon as EDF‘s nationalisation course of had been accomplished.
($1 = 0.9773 euros)
Post a Comment