Electricité de France S.A.

Electricité de France S.A.

ECIFY
Electricité de France S.A.US flagOther OTC
2.55
USD
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- -
53.15BMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Luc Rémont
Full Time Employees
165,028
Sector
Utilities
Industry
Diversified Utilities
Address
22-30, avenue de Wagram Paris France 75008
IPO Date
Jan 5, 2010
Website
edf.fr
Business
Electricité de France S.A. (EDF) is a French multinational electric utility company primarily engaged in electricity generation, transmission, distribution, energy trading, energy sales, and energy services. The company operates an extensive portfolio of generation assets totaling approximately 119 gigawatts, including nuclear reactors, hydropower plants, wind and solar projects, and gas-fired power stations across Europe, South America, North America, Asia, the Middle East, and Africa. Core products and services include nuclear energy generation (notably operating 57 nuclear reactors in France), renewable energy solutions such as hydropower, wind, and solar power, electricity distribution through subsidiaries like Enedis, energy trading, and advanced energy services including the operation of heating and cooling networks by its subsidiary Dalkia. Founded in 1946 and headquartered in Paris, France, EDF serves more than 37 million customers worldwide, with the bulk of its business concentrated in France where it has nearly 29 million customers. The company has strategically shifted towards decarbonization, phasing out coal and focusing on low-carbon energy sources, with nuclear and renewable energy at the core of its investment portfolio. In recent major developments, EDF completed the acquisition of GE Steam Power's nuclear power activities in May 2024, expanding its technological capabilities and industrial footprint in the nuclear sector under the new subsidiary Arabelle Solutions. This acquisition enhances EDF’s ability to manufacture equipment for new nuclear plants and maintain existing plants, supporting Europe's energy sovereignty and decarbonization goals. EDF is advancing its nuclear fleet modernization with plans to construct six new EPR2 reactors in France, supported by extended partnerships such as the one with Alfa Laval for advanced heat exchanger technology. The company also continues to invest heavily in the Hinkley Point C project in the UK, emphasizing its commitment to nuclear expansion. Additionally, EDF raised its 2024 nuclear power production targets driven by improved operational performance in maintenance and reliability. These operational and strategic initiatives reflect EDF’s positioning as an integrated energy company actively contributing to energy transition and sustainable growth while maintaining a strong focus on nuclear energy and green power generation technologies. EDF employs approximately 180,000 people globally and reports significant revenues exceeding €140 billion as of 2023, operating in highly regulated markets with strong government ownership and support. The company continues expanding its presence in renewable energy projects worldwide and is committed to digital transformation in energy management and smart grid advancements. This comprehensive operational reach, product portfolio, and ongoing strategic investments position EDF as a pivotal player in the global energy sector with a focus on low-carbon, sustainable energy generation and services.

Company News

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