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Electricite de France SA (EDF.PA)

EDF.PA on Paris Stock Exchange

10.54EUR
16 Aug 2019
Change (% chg)

€0.23 (+2.28%)
Prev Close
€10.31
Open
€10.31
Day's High
€10.57
Day's Low
€10.31
Volume
1,674,571
Avg. Vol
2,171,629
52-wk High
€15.89
52-wk Low
€10.23

Latest Key Developments (Source: Significant Developments)

EDF signs new sustainable revolving credit facilities with Credit Agricole and SocGen
Monday, 22 Jul 2019 

July 22 (Reuters) - Electricite de France SA ::* EDF signs two bilateral sustainable revolving credit facilities with Crédit Agricole CIB and Societe Generale CIB, bringing the total of its sustainability-linked loans to over €5 billion.* EDF signed two €300 million sustainability-indexed revolving credit facilities (RCF) which incorporate a pricing adjustment based on EDF’s sustainability performance linked to CO(2) emissions and energy efficiency..* One facility was signed with the Group Crédit Agricole led by Crédit Agricole CIB including LCL and Crédit Agricole d’Ile-de-France, another one with Societe Generale CIB..* Revolving credit facilities with an ESG (environmental, social, governance) now represent a total of over €5 billion, i.e. around 45% of EDF Group credit lines..  Full Article

EDF Renewables and Total Eren sign power purchase agreements In India
Monday, 8 Jul 2019 

July 8 (Reuters) - Electricite De France Sa ::EDF Renewables, a subsidiary of French utility EDF <<>> and Total Eren in which French energy giant Total <<>> holds a 30% stake, have signed power purchase agreements (PPA) for more than 700 MWp of solar energy in India.The firms said the four 25-year long term PPAs will generate the energy required to meet the annual electricity needs of 1.1 million Indian households. .The construction of the project will start by the end of the year and commissioning is expected towards the end of 2020..The firms did not disclose the value of the deal. .  Full Article

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

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Watchdog demands answers as power cut causes chaos across Britain

LONDON Energy regulators on Saturday demanded an urgent report from the operator of Britain's electricity grid into what caused a power cut that led to chaos across the country, with trains brought to a standstill and traffic lights knocked out.