Edf 'Considering Sale of Electricity Network' ; Energy Giant Edf Is Reportedly Considering the Sale of Its Uk Electricity Distribution Network, As It Attempts to Reduce Debts Created From a Series of Acquisitions.

Summary

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Energy giant EDF is reportedly considering the sale of its UK electricity distribution network, as it attempts to reduce debts created from a series of acquisitions.

The company is carrying out a financial review after a number of deals including buying up UK nuclear power firm British Energy.

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Extract

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Edf 'Considering Sale of Electricity Network' ; Energy Giant Edf Is Reportedly Considering the Sale of Its Uk Electricity Distribution Network, As It Attempts to Reduce Debts Created From a Series of Acquisitions.

EDF bought the South West Electricity Board in 1999, and has nearly one million customers across the South W...

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