EDF Energy

Opinion

Opinion: S&P Global downgrades EDF

French-based energy company Électricité de France (EDF) has been given the go-ahead by the U.K. government to build a new nuclear plant, Hinkley Point C. S&P’s Director of Utilities, Pierre Georges, discusses why EDF’s credit rating has consequently been downgraded from ‘A’ to ‘A-’.

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Energy giant EDF buys Dungeness Estate in Kent

Britain’s only desert has been bought by the French energy giant EDF Energy. The company announced it has exchanged contracts for the 468-acre Dungeness Estate in Kent after it went up for sale for £1.5 million in August. The estate had been part of a family trust since 1964, but the trustees believed it was time for new owners to take over the property - which draws one million visitors a year.