EDF Public Offering Set for Monday

From Bloomberg:

Electricite de France SA will raise as much as 7 billion euros ($8.2 billion) in an initial share sale that will make it Europe's biggest publicly traded utility.

(snip)

EDF's 58 nuclear reactors produce about 75 percent of France's power, reducing the company's liabilities under European Union rules that started this year to limit emissions of carbon dioxide. Utilities including Essen, Germany-based RWE AG and E.ON have complained that the EU limits have driven up costs.

Interesting.

Technorati tags: Nuclear Energy, Energy, Electricity, Environment, France