Published by Global Banking & Finance Review®
Posted on June 25, 2025
2 min readLast updated: January 23, 2026
Add as preferred source on GoogleEDF is reviewing its portfolio to sell assets and boost nuclear investments, with Dalkia and Edison among potential sales.
(Reuters) -French state-owned utility EDF's new chief is considering a sale of some assets as part of a review of the firm's portfolio in a bid to meet government demands to spur investments in new nuclear reactors, the Financial Times reported on Wednesday.
Dalkia and Edison are among the business units that may be sold, the FT reported, citing people familiar with the situation. Renewable assets, with the exception of EDF's hydraulic power projects, are also being considered for sale, it added.
France is nuclear energy's main champion in Europe as it gets around 70% of its energy from the source. EDF's nuclear fleet produces about 70% of France's electricity.
Bernard Fontana was nominated to be the next CEO of EDF in March, after President Emmanuel Macron's government lost patience with former chief Luc Remont due to differences over how to provide power and build new capital-intensive nuclear reactors.
Fontana has told insiders that he wanted to assess which assets are not profitable or do not fit with the energy group's strategic priorities, the FT reported, adding that the sale could come after the review, although he has not yet concluded which parts of the business should be sold off.
EDF did not immediately respond to a Reuters request for comment. Reuters could not immediately verify the report.
(Reporting by Rhea Rose Abraham in Bengaluru; Editing by Anil D'Silva)
EDF is considering selling some assets as part of a portfolio review to spur investments in new nuclear energy projects.
Bernard Fontana was nominated to be the next CEO of EDF in March, following the government's dissatisfaction with former chief Luc Remont.
EDF's nuclear fleet produces about 70% of France's electricity, highlighting the country's reliance on nuclear energy.
According to reports, Dalkia and Edison are among the business units that may be sold as part of EDF's asset review.
The French government lost patience with former CEO Luc Remont due to differences over how to provide power amid rising energy demands.
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