Company Overview of EDF Energy Plc
EDF Energy plc, together with its subsidiaries, engages in the provision and supply of electricity and gas to commercial, residential, and industrial customers in the United Kingdom. The company also offers services relating to energy, including purchasing of fuel for power generation; generating electricity through nuclear, coal, gas, thermal, and wind generation plants. In addition, it is involved in telecoms and electricity retailing activities; and the provision and supply of transport services, as well as offers gas storage facilities. The company supplies electricity and gas to approximately 5.5 million customers. EDF Energy plc was incorporated in 1989 and is based in London, the Unit...
40 Grosvenor Place
London, SW1X 4EN
Founded in 1989
Key Executives for EDF Energy Plc
Chief Executive Officer, Executive Director, Chairman of Executive Committee and Member of Audit Committee
Chief Financial Officer and Executive Director
Chief Executive Officer of British Energy
Managing Director of Nuclear New Build
Compensation as of Fiscal Year 2014.
EDF Energy Plc Key Developments
EDF Energy Plans to Suspend Work at Hinkley Point C Nuclear Power Station Site
Apr 9 15
EDF Energy has announced its plans to suspend work at the Hinkley Point C nuclear power station site after completing site preparations until completion of an agreement on funding for the £16 billion plant. At present there are 400 workers employed at the development.
EDF Energy Wins £1 Billion Electricity Supply Contract from UK Government's Crown Commercial Service
Mar 30 15
EDF Energy has been awarded £1 billion annual electricity supply contract by the UK Government's Crown Commercial Service. The renewal contract follows a 10-year agreement signed in 2013 to supply Network Rail. Under the recent four-year contract, EDF Energy will continue to supply electricity to buildings and sites across central and local government. The company will supply about 9.6 TWh of electricity a year which is equivalent to power supply for 2.3 million UK homes.
Qatar Is Considering Investment In Hinkley Point Nuclear Plant
Nov 27 14
Qatar's energy minister has said the gas-rich Persian Gulf sheikhdom would consider investing in the £25 billion Hinkley Point nuclear project in Somerset. Speaking to The Telegraph, Mohammed bin Saleh Al-Sada said, "We are looking at making further energy investments in Europe and the UK" adding that backing the construction of Britain's first atomic plant in over 25 years was one of the options under review. News of the potential investment in the project from Qatar comes as the consortium behind the project led by EDF Energy Plc and Areva S.A. (ENXTPA:AREVA) seek additional funding from investors. EDF has said it also plans to sell a combined stake of between 30% and 40% to China General Nuclear Corporation and China General Nuclear Power Corporation, and would also sell up to 15% to other parties. Saudi Electricity Company (SASE:5110) has been identified as one of the parties that may seek to take a 10% stake in the venture amid difficult negotiations with potential Chinese investors.
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