French Giant EDF Posts $19 Billion Loss

GALWAY, IRELAND--March 1, 2023--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--France's leading energy company Électricité de France (EDF) (Paris) has posted its worst financial losses in 20 years and has warned that prices will rise for its flagship U.K. nuclear power project.

Within this article: Details EDF's latest financial losses, reasons, impacts on existing project costs, future for the company