EDF Said to Mull Splitting French Reactors Into Separate Entity

  • Separate nuclear unit could benefit from regulated prices
  • Power price is too low to fund EU50 billion of plant upgrades

Electricite de France SA is considering moving its fleet of 58 French nuclear reactors -- the world’s largest -- into a separate corporate entity where regulated power tariffs could protect cash flows against falling wholesale prices, said two people familiar with the matter.

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