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Power group EDF signs 10-year contract with aluminium firm Trimet France

Tuesday, Jun 27, 2023

   EDF, the power company that has been fully taken over by the French state and de-listed from the stock market, has signed a 10-year contract with aluminium company Trimet France, said the French government.

  The contract will see EDF provide 22TWH volumes worth of power to Trimet France from 2024 onwards, and it will be formally signed on Monday.
  The government launched a buyout for the 16% stake it did not already own in EDF in late 2022.
  The French state stumped up around 10 billion euros ($10.9 billion) to take full control of the debt-laden operator of Europe’s largest fleet of nuclear power plants.
  The buyout has formed part of President Emmanuel Macron’s renewed bet on nuclear energy, which includes building at least six new reactors in coming years.

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