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EDF to Sell Stake in Netherlands Power Plant

By Giulia Petroni

 

Electricite de France SA said Tuesday that it has agreed to sell its interest in the 870-megawatt Sloe CCGT plant in the Netherlands to Czech operator EPH Group.

The French utility owns and operates 50% of the power plant, jointly with its Dutch partner Pzem NV.

The transaction is part of EDF's EUR3-billion asset disposal program, the company said. Closing is subject to customary regulatory authorizations.

The financial terms of the transaction weren't disclosed.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

September 27, 2022 03:36 ET (07:36 GMT)

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