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President Macron asssures France’s EDF of tens of billions of euros in public financing for new nuclear reactors

French Finance Minister Bruno Le Maire told C News TV on Friday that he was sure that EDF’s (EDF.PA) difficulties would “disappear” after France announced plans to build at least six new nuclear reactors in the decades to come.

President Emmanuel Macron said on Thursday that the new plants would be built and operated by state-controlled energy provider EDF and that tens of billions of euros in public financing would be mobilized tofinance the projects and safeguard EDF’s finances.

Reuters 11th Feb 2022

https://www.reuters.com/business/energy/french-finance-minister-edfs-problems-will-disappear-after-latest-nuclear-2022-02-11/

February 12, 2022 - Posted by Christina Macpherson | business and costs, France, politics

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