French state to inject 2.1bln euros into utility giant EDF


French economy and finance minister Bruno Le Maire on Friday announced the injection of 2.1 billion euros into the funds of the country's electricity-based utilty giant EDF, to help offset the halting for servicing of nuclear reactors, and the below-market-price supply of electricity, but also timed with the programme announced this week of the building of several more nuclear energy plants.

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France will provide 2.1 billion euros to state-controlled utility giant EDF, in an effort to help the group tackle financial difficulties and bear the cost of the construction of new nuclear reactors, reports Politico.EU.