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EDF: sells its 49.99% stake in CENG

(CercleFinance.com) - EDF today notified Exelon of the exercise of the put option on its 49.
99% stake in CENG shares.

CENG owns five nuclear power reactors, spread over three sites in the States of New York and Maryland for a total capacity of 4,041 MW (owned itself).

This sale option may be exercised by EDF between 1 January 2016 and 30 June 2022.

The sale of CENG shares comes as part of the program for the sale of EDF's non-core assets announced by the group, it said.

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