E.D.F. | PRESS RELEASE 12 July 2018 | |
Signing of the binding agreements for the sale of EDF's stake in Dunkerque LNG
Following on from the press release published on 29 June 2018, the EDF Group announces that the binding agreements for the disposal of its interest in the share capital of the liquefied natural gas (LNG) terminal of Dunkirk (Dunkerque LNG) have been signed today with, on the one hand, a consortium composed of Fluxys, AXA Investment Managers and Crédit Agricole Assurances and with, on the other hand, a consortium of Korean investors composed of Samsung Securities Co. Ltd, IBK Securities Co. Ltd. and Hanwha Investment & Securities Co. Ltd.
The terms of the transaction remain unchanged and closing is expected for the second half of 2018, once required regulatory approvals have been granted by the French authorities.
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A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 35.1 million customers, of which 26.5 million in France. The Group generated consolidated sales of €70 billion in 2017. EDF is listed on the Paris Stock Exchange.
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Source: EDF via Globenewswire
