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Mars 2016 / Reuters

EDF to take on part of Chinese partner’s risks on Hinkley Point - paper



Sun Mar 27, 2016 11:04am BST

French utility EDF (EDF.PA) has agreed to shoulder part of Chinese partner CGN's financial risks should there be delays or cost overruns in the Hinkley Point nuclear project in Britain, weekly Le Journal du Dimanche reported.

The newspaper cites a note by former chief financial officer Thomas Piquemal to the EDF board's audit committee regarding the 18 billion pound project.

The notes says in the case of five-billion-euro cost overrun, EDF (…)

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