Electricite de France SA is in talks with the UK government over the “long-term financing” of its Hinkley Point C nuclear plant still in construction, as well as for the planned Sizewell C project, Chief Executive Officer Luc Remont said.
The French government has been pressing the UK to further help the state-owned utility finance its nuclear projects in Britain. EDF is seeking to cope with the soaring cost of Hinkley Point C, while also expecting a jump in investments needed for new atomic facilities in France and grid upgrades to accommodate more renewables.
