77d3f8498c3afd94748b64fd46ce2c3ed792a1d3

Row over UK nuclear plant alarms EDF investors

EDF finance chief Thomas Piquemal resigned after a disagreement over the £18-billion (23.2-billion-euro, $25.5 billion) Hinkley Point project in Somerset, southwest EnglandThe resignation of French energy giant EDF’s finance chief sent its shares plunging Monday as concerns grew over the risks of its plan to build a next-generation nuclear plant in Britain. Thomas Piquemal quit after a disagreement within EDF over the £18-billion (23.2-billion-euro, $25.5 billion) Hinkley Point project in Somerset, southwest England, which has been slated to produce seven percent of Britain’s energy needs by 2025. EDF confirmed his resignation with immediate effect, with a company source saying Piquemal had quit in a dispute over the “short-term feasibility” of the project.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 3 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article