EDF Will Bail on Three Nuclear Plants, Exelon Holds the Bag
Credit to Author: Aaron Larson| Date: Thu, 21 Nov 2019 15:38:24 +0000
The post EDF Will Bail on Three Nuclear Plants, Exelon Holds the Bag appeared first on POWER Magazine.
Exelon Generation said EDF Group—a French integrated electricity company—is exercising a put option to sell its 49.99% interest in the R.E. Ginna, Nine Mile Point, and Calvert Cliffs nuclear energy facilities. The two companies will now begin negotiations for Exelon to acquire full ownership of the plants. EDF’s involvement in the facilities was through the […]
The post EDF Will Bail on Three Nuclear Plants, Exelon Holds the Bag appeared first on POWER Magazine.
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