France Ready to Help EDF as Utility Reels From Price-Cap Plan

  • Le Maire says state will invest in EDF, promises aid if needed
  • Hitting EDF with costs was difficult choice, Le Maire says
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The French government stands ready to support Electricite de France SA less than a week after hitting the state-controlled utility with vast costs as part of a plan to shelter households from surging energy prices, Finance Minister Bruno Le Maire said.