EDF Weighs Edison IPO To Boost Nuclear Expansion Funding

EDF Weighs Edison IPO To Boost Nuclear Expansion Funding

French state utility EDF is in talks with banks about a potential initial public offering of its Italian subsidiary Edison, according to sources cited by Reuters, in a move that could unlock billions in capital as EDF ramps up financing for its nuclear revival at home. EDF has begun sounding out major European lenders including BNP Paribas and Société Générale to assess investor appetite for a Milan listing that would value Edison between €7 bil…

Does France need money for nuclear power? Paris is considering listing (a portion of) Edison. - Economic Scenarios

French state-owned EDF is in talks with banks over a potential initial public offering of its Italian subsidiary Edison, sources cited by Reuters said, a move that could unlock billions in capital as EDF ramps up funding for its country's nuclear revival. EDF has begun sounding out major European lenders, including BNP Paribas and Societe Generale, to gauge investor interest in a Milan listing that would value Edison at between €7 billion and €1…