EDF Eyes EUR6.5 Billion Asset Sales in 2016 - Report
January 06 2016 - 3:49AM
Dow Jones News
PARIS--French electricity giant Electricite de France (EDF.FR)
has penciled in 6.5 billion euros ($6.96 billion) of asset sales
into its 2016 budget, French daily Les Echos reported on
Wednesday.
EDF was not immediately reachable for comment.
The French newspaper notes that EDF has an option to sell its
49.9% stake in U.S. nuclear operator Constellation Energy Nuclear
Group, co-owned by Exelon Corp., as well as half the capital of
French electricity-transmission systems operator Reseau de
Transport d'Electricite.
Newspaper Web site: http://www.lesechos.fr
-Write to Ambroise Ecorcheville at
ambroise.ecorcheville@wsj.com
(END) Dow Jones Newswires
January 06, 2016 03:34 ET (08:34 GMT)
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