Summary
WHAT a week it has been for Pierre Gadonneix of French energy giant Electricite de France. While the rest of business is drawing in its horns in the face of the credit crunch, EDF is conquering the world.
Last week it splashed out [pounds]3bn on a 50pc stake in the nuclear plants of America's Constellation Energy. Now Brussels has given it the go-ahead to splash out [pounds]12.5bn to buy British Energy.See the full content of this document
Extract
A Covert Norman Conquest ; Comment
Finding cash for these enormous transactions and the investment in the new plants to come is rel...
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