EDF Fined $6 Million in Market-Abuse Case Over Nuclear Project
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Electricite de France SA was fined 5 million euros ($6 million) by France’s markets regulator for providing false information on the Hinkley Point C nuclear project.
EDF and former Chief Executive Officer Henri Proglio, who was fined 50,000 euros, failed to properly disclose new circumstances concerning the U.K. project’s financing, the Autorité des Marchés Financiers said in a statement on Thursday.