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.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
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.
Copyright (c) 2019 CercleFinance.com. All rights reserved.