Energy

EDF Warns of ‘Huge’ Contract Losses If Convicted in Paris Criminal Trial

EDF lawyer says probity conviction may affect Czech, UK deals
Ex-EDF CEO also tried alongside consultants including Messier

At the heart of the trial is EDF’s former boss, Henri Proglio, who is suspected of having set up the system to hire the consultants. — At the heart of the trial is EDF’s former boss, Henri Proglio, who is suspected of having set up the system to hire the consultants.
Photographer: Nathan Laine/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Gaspard Sebag

May 21, 2024 at 3:27 PM UTC

Updated on

May 21, 2024 at 4:25 PM UTC

This article is for subscribers only.

Electricite de France SA legal team warned at a Paris trial that the utility could end up losing “huge contracts” abroad if convicted in a case over accusations it favored several consultants by awarding them advisory deals without putting them up for tender.

The favoritism court case that began on Tuesday centers on awards worth more than €20 million ($21.7 million) given to 44 consultants, including the firm set up by former Vivendi SE boss Jean-Marie Messier.