Electricité de France (OTCMKTS:ECIFY) is an integrated energy company primarily engaged in the generation, transmission and distribution of electricity. The company’s core business activities revolve around the operation of a diversified power generation portfolio, with a strong focus on low-carbon energy sources. EDF leverages its expertise in nuclear technology to produce a significant share of its output, while also maintaining hydroelectric, gas-fired and renewable generation assets.
In addition to large-scale power generation, EDF provides comprehensive energy services to residential, commercial and industrial customers. These services include local distribution network management, energy efficiency consulting, engineering and technical support. The company also develops and operates renewable energy projects, such as wind farms and solar parks, to complement its traditional generation facilities and support its sustainability objectives.
EDF’s operations span its domestic market in France as well as key international regions, including the United Kingdom, Italy, Belgium and the United States. Through its subsidiaries and affiliates, the company manages regional distribution networks and offers tailored energy solutions that address evolving market demands. In January 2022, Luc Rémont was appointed Chief Executive Officer, bringing extensive industry experience to the leadership team and guiding EDF’s strategic direction.
Originally founded in 1946 following the nationalization of France’s electricity sector, Electricité de France has undergone periods of liberalization and partial privatization while remaining majority-owned by the French government. The company continues to invest in the modernization of its nuclear fleet and the expansion of renewable capacity as part of its long-term commitment to achieving carbon neutrality and supporting Europe’s energy transition.
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