Two EDF staff shareholder funds warn market watchdog over EDF situation

Published: 2022-01-24 06:01:25 ET EDF.PA

The government of President Emmanuel Macron - facing a re-election battle in three months - has ordered the French utility to sell more cheap nuclear power to rivals, prompting the state-owned company's CEO to openly criticise the government.

The French state owns 84% of EDF's shares, which have lost almost 40% of their value since October.

(Reporting by Dominique Vidalon; Editing by Sudip Kar-Gupta)