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Electricite de France SA EDF Stock Quote

Morningstar Rating
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Morningstar‘s Stock Analysis EDF

Valuation
Currency in EUR
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

French Government's Tender Offer at EUR 12 per EDF Share Looks Attractive

Tancrede Fulop, CFA Senior Equity Analyst

Business Strategy and Outlook

| Tancrede Fulop, CFA |

EDF, is the owner of the world’s largest nuclear fleet. The French state owns 84.10% of the capital. To foster the ramp-up of competitors in electricity supply, the ARENH mechanism was implemented in 2011 and will expire in 2025. It obliges EDF to sell 25% of its French nuclear production at a fixed price of EUR 42/MWh, unchanged since 2011.

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Key Statistics EDF

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Company Profile EDF

Business Description

Electricite de France is one of the world's largest energy companies, controlling the French power grid along with a massive global generation fleet. Its French nuclear fleet comprises 58 plants. It operates the largest power supply business in France, which acts as a broker between generators and retail end users, is a major renewable developer, and holds stakes in other energy businesses globally, including a small but growing Chinese footprint. With the acquisition of Areva's nuclear reactor unit in 2017, EDF became an integrated nuclear developer.

Contact
22-30, Avenue de Wagram
Paris, 75382, France
T +33 552081317
Sector Utilities
Industry Utilities - Diversified
Most Recent Earnings —
Fiscal Year End Dec 31, 2021
Employees 163,423

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