Edition:
United Kingdom

Electricite de France SA (EDF.PA)

EDF.PA on Paris Stock Exchange

10.85EUR
26 Jun 2019
Change (% chg)

€-0.16 (-1.45%)
Prev Close
€11.01
Open
€11.01
Day's High
€11.02
Day's Low
€10.77
Volume
2,690,129
Avg. Vol
2,440,019
52-wk High
€15.89
52-wk Low
€10.77

Latest Key Developments (Source: Significant Developments)

EDF says Friday quake had no impact on Chinon nuclear power plant
Friday, 21 Jun 2019 

June 21 (Reuters) - Electricite de France SA ::French utility EDF says an earthquake that hit the Maine-et-Loire region in west-central France had no impact on its Chinon nuclear power plant in the area..EDF said its nuclear plants are designed to withstand an earthquake two times worse than the most severe earthquake recorded in region in the past 1,000 years..U.S. Geological Survey (USGS) data showed that a magnitude 4.3 quake was recorded in the France on Friday. .  Full Article

DGPP To Acquire Portion Of EDF Renewables Canada's Stake In Cypress Wind Project
Wednesday, 19 Jun 2019 

June 19 (Reuters) - The Desjardins Group Pension Plan::THE DESJARDINS GROUP PENSION PLAN TO ACQUIRE A PORTION OF EDF RENEWABLES CANADA INC.'S STAKE IN THE CYPRESS WIND PROJECT.DESJARDINS GROUP - DGPP WILL OWN 40.5% OF PROJECT, EDF RENEWABLES CANADA WILL HOLD 34.5%.DGPP - PROJECT WILL CONSIST OF 48 TURBINES WITH A TOTAL CAPACITY OF 201.6 MEGAWATTS.DESJARDINS GROUP - CONSTRUCTION WILL START IN 2020 AND PROJECT IS EXPECTED TO BE OPERATIONAL BY 2021..  Full Article

EDF to issue around 40.7 mln new shares as part of dividend agreement
Monday, 17 Jun 2019 

June 17 (Reuters) - Electricite de France SA ::* EDF's shareholders meeting decided to pay a 2018 dividend of €0.31 per share, with an option for the payment in shares of the company of the outstanding balance of the dividend still to be paid, amounting to 0.16 euro per share conferring entitlement to the ordinary dividend.* The issue price of the new shares is €11.10 per share.* This transaction will result in the issuance of 40,701,950 new shares, representing approximately 1.33% of the share capital.  Full Article

EDF buys German flexibility, renewables startup
Thursday, 13 Jun 2019 

June 13 (Reuters) - EDF ACQUIRES E2M AND STRENGthen ITS POSITION IN THE FIELD OF DECENTRALISED ENERGY MANAGEMENT IN EUROPE:.  Full Article

EDF Completes Disposal Of Its 25% Stake In Alpiq
Tuesday, 28 May 2019 

May 28 (Reuters) - ELECTRICITE DE FRANCE SA ::REG-EDF : EDF IS ANNOUNCING THE COMPLETION OF THE DISPOSAL OF ITS 25% STAKE IN ALPIQ.  Full Article

EDF, Masdar And Green Of Africa Consortium Named As Successful Bidder For Noor Midelt I Solar Project
Wednesday, 22 May 2019 

May 22 (Reuters) - ELECTRICITE DE FRANCE SA ::CONSORTIUM OF EDF, MASDAR AND GREEN OF AFRICA NAMED AS SUCCESSFUL BIDDER FOR MOROCCO’S LANDMARK NOOR MIDELT I SOLAR PROJECT.NOOR MIDELT I SOLAR PROJECT WITH AN INSTALLED CAPACITY OF 800 MW.CONSTRUCTION ON THE PROJECT IS EXPECTED TO BEGIN IN THE LAST QUARTER OF 2019, WHILE ENERGY WILL BE DELIVERED TO THE GRID IN 2022..PROJECT IS KEY MILESTONE TOWARDS ACHIEVEMENT OF MOROCCO’S OBJECTIVE TO HAVE 52% OF ITS ELECTRICITY GENERATION PRODUCED FROM RENEWABLE SOURCES BY 2030.  Full Article

Siemens Gamesa Awarded Supply Of Turbines For Milligan Wind Project In U.S.
Wednesday, 22 May 2019 

May 22 (Reuters) - Siemens Gamesa ::AWARDED SUPPLY OF TURBINES FOR 232 MW MILLIGAN WIND PROJECT, BY EDF RENEWABLES IN U.S..CONTRACT IN U.S. INCLUDES SERVICE AND MAINTENANCE AGREEMENT, PROJECT COMPLETION EXPECTED FOR END OF 2020.  Full Article

EDF gains foothold in Chinese offshore wind power market
Monday, 25 Mar 2019 

March 25 (Reuters) - Electricite de France SA ::French utility EDF says 1 billion euros agreement with China Energy Investment Corporation signed on Monday, seeks to jointly deliver two offshore wind power projects in China. nL8N21C4IH.EDF says agreement gives it foothold in growing Chinese wind power market..EDF says Dongtai V and V offshore wind farms will have total installed capacity of 500 megawatts and will be EDF's first offshore projects in china..EDF says the Dongtai IV project is currently being built, while construction of Dongtai V is scheduled to begin in 2019 and the farms which will be gradually commissioned by 2021..  Full Article

EDF Renewables, SITAC Group sign deal covering 300 MW wind project in India
Monday, 4 Feb 2019 

Feb 4 (Reuters) - EDF ::* EDF Renewables in India and its partner for wind energy in India, the SITAC Group, announced the signing of a long-term power purchase agreement covering the output of 300 MW of wind project recently awarded by the Indian government.* The output from this wind project will provide clean energy for the annual electricity requirements of more than 1.3 million Indian people..* Development, construction, financing and asset management of the 300 MW of wind project is being undertaken by SITAC Management & Development Pvt. Ltd., the joint venture company of EDF Renewables in India and the SITAC Group..  Full Article

EDF Renewables And Shell Form 50/50 JV, Atlantic Shores Offshore Wind, LLC
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - EDF RENEWABLES::EDF RENEWABLES AND SHELL INVEST IN NEW JERSEY OFFSHORE WIND.EDF RENEWABLES NORTH AMERICA AND SHELL NEW ENERGIES US LLC FORMED A 50/50 JOINT VENTURE, ATLANTIC SHORES OFFSHORE WIND, LLC.LEASE AREA HOLDS POTENTIAL TO PRODUCE APPROXIMATELY 2,500 MEGAWATTS (MW) OF OFFSHORE WIND ENERGY.ATLANTIC SHORES OFFSHORE WIND, LLC TO CO-DEVELOP OCS-0499 LEASE AREA WITHIN THE NEW JERSEY WIND ENERGY AREA (WEA).ATLANTIC SHORES OFFSHORE WIND LLC WILL BEGIN WORKING TO COMPLETE A SITE ASSESSMENT PLAN, COULD BRING WIND FARM INTO OPERATION BY MID-2020S.  Full Article

Photo

Shell's lead in bidding for Dutch Eneco increases as Enel, Total drop out: sources

LONDON A domestic consortium set up by Royal Dutch Shell and pension fund manager PGGM has taken a bigger lead in the race for Dutch energy company Eneco as two other contenders have dropped out, sources close to the matter said.