Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

EDF : Company contact, a favourable regulatory change

>Change in the regulatory ceiling for nuclear provisions - The discount rate used to calculate nuclear provisions in France has to comply with a regulatory ceiling that was previously set by the ministerial order of 29 December 2017. This old formula defined the regulatory ceiling for nuclear provisions out to 31 December 2026 as the average of a fixed term of 4.3% and a variable term calculated according to the arithmetical average of the TEC 30 over 48 months + 100b...
Underlying
Electricite de France SA

Electricite de France is an integrated energy company with a presence in a range of electricity-related businesses: nuclear, renewable and fossil-fuel fired energy production, transmission, distribution, marketing as well as energy management and efficiency services, along with energy trading. Co. is an integrated energy company engaged in all aspects of the energy business: generation, transmission, distribution, supply and trading of energies. Co. is an electricity operator in France and abroad. The breakdown used by Co. for its activities is as follows: France; United Kingdom; Italy; Other International; and Other activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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