Published 2 years ago

EDF sues for €8.34 billion in damages over Macron’s energy price cap

Summary by Ground News

The French nuclear company EDF is suing its own government for €8.3bn (£7bn) after it was forced to sell energy to consumers at a loss. The company, which is being nationalised by the French state, has filed a compensation claim over the extension of the country’s price cap in January.

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The Guardian

EDF sues French government for £7bn after being forced to sell energy at a loss

Company has to sell power at prices below market rates as ministers try to tackle cost of living crisis and support households

2 years ago·London, United Kingdom

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Daily Express

Emmanuel Macron faces £7bn lawsuit raised after energy giant EDF forced to sell at loss | World

EMMANUEL MACRON's government is facing a lawsuit brought by energy giant EDF after it was forced to sell energy at a loss.

2 years ago·United Kingdom

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The Telegraph

EDF sues French government for €8.4bn after Macron forces it to sell energy at a loss

Nuclear giant estimates price cap could cost it €15bn over the year

2 years ago·London, United Kingdom

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The Times

EDF sues for €8.34 billion in damages over Macron’s energy price cap

EDF, France’s energy giant, is suing its own majority shareholder, the French state, for €8.34 billion in damages linked to an electricity price cap introduced

2 years ago·London, United Kingdom

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