Published by Global Banking & Finance Review®
Posted on July 16, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleEDF is exploring stake sales in its North American and Brazilian renewables units to raise capital for new nuclear projects.
By Forrest Crellin
(Reuters) -France's EDF is weighing options to bring in capital to both its North American and Brazilian renewables businesses, said a company spokesperson on Wednesday, which could include stake sales of as much as 50%.
The comments followed a report by Bloomberg News citing people familiar with the matter as saying the state-owned utility was mulling a stake sale in its North American business that could fetch 2 billion euros ($2.32 billion).
"We are studying the possibility to open the capital of some of our subsidiaries to partners," said EDF Power Solutions spokesman Mathieu Baratier.
EDF's new CEO Bernard Fontana is currently seeking ways to bring in money to finance construction of six new nuclear reactors, and has said he was weighing possible asset sales.
Fontana previously told lawmakers that he is looking to prioritise domestic nuclear projects, as the country is looking to shore up its electricity production long-term which mainly comes from its ageing fleet of 57 nuclear reactors.
($1 = 0.8610 euros)
(Reporting by Ananya Palyekar in Bengaluru and Forrest Crellin in Paris; Editing by Sahal Muhammed and Chizu Nomiyama )
EDF is weighing options to bring in capital, which may include stake sales in its North American and Brazilian renewables businesses.
The spokesperson for EDF is Mathieu Baratier, who discussed the possibility of opening capital to partners.
CEO Bernard Fontana is prioritizing financing for the construction of six new nuclear reactors and is considering possible asset sales.
Fontana stated that he is looking to prioritize domestic nuclear projects to ensure long-term electricity production in France.
The potential stake sale in EDF's North American business could fetch around $2 billion.
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