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French Energy Giant EDF Eyes Possible Sale of US Renewables Unit

Summary by The Local - Fr
France's EDF said on Monday it was considering selling all or part of its US renewable energies unit as part of a five-year cost-cutting plan to save five billion euros.

5 Articles

Center

"The opening of the capital of Edison", an Italian subsidiary, "as well as a partial or complete divestiture of the renewable platform in the United States have been mentioned" by EDF

·France
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Lean Left

The French energy giant reacted Monday night to the AFP to the news released earlier in the day by the newspaper "Les Echos".

·Paris, France
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Lean Left

This statement comes at a time when "Les Echos" refers, on the basis of unspecified sources, to a "adaptation plan" providing for "subsidiaries' sales and openings of capital up to EUR 17 billion".

·Paris, France
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Lean Right

Engaged in a €5 billion savings plan over five years, the group refers to a "portfolio review to carry out possible divestitures".

·Paris, France
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Bias Distribution

  • 60% of the sources lean Left
60% Left

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Le Figaro broke the news in Paris, France on Monday, December 15, 2025.
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