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Political Situation in France Creates Uncertainty for EdF

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The unclear political situation in France after the snap election on 7 July is causing uncertainty for France’s EdF, CEO Luc Remont said on Friday, cited by Bloomberg.

  • “Against a backdrop of rapid and sustained fall in market prices, EdF is rolling out its new “Ambitions 2035” plan to attain the levels of performance and investment needed for the electric revolution”, Remont said.
  • “Public policy discussions will have very significant consequences…including the financing of new plants in France”, he added
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The unclear political situation in France after the snap election on 7 July is causing uncertainty for France’s EdF, CEO Luc Remont said on Friday, cited by Bloomberg.

  • “Against a backdrop of rapid and sustained fall in market prices, EdF is rolling out its new “Ambitions 2035” plan to attain the levels of performance and investment needed for the electric revolution”, Remont said.
  • “Public policy discussions will have very significant consequences…including the financing of new plants in France”, he added