Skip to main content
Menu

Statement on EDF Board of Directors’ meeting

By EDF | Posted April 22, 2016

Confirmation of the significant recapitalisation of EDF agreed by the Board makes it possible for EDF to proceed
with its strategic investment programme - including Hinkley Point C.

The Board has decided to undertake a formal, non-binding consultation process with the Comité Central d’Enterprise.
This is well understood statutory process of 60 days and the company will work with the CCE to define the detailed
steps to reach a conclusion this summer.

Today’s announcement underlines EDF’s solid commitment to its CAP 2030 strategy including the Hinkley Point C
project and has provided it with a solid financial footing notwithstanding the challenges of current market conditions. 



 






 




 




 




 




 



 

 

EDF Energy

EDF Energy is one of the UK’s largest energy companies and the largest producer of low-carbon electricity, producing around one-fifth of the nation's electricity from its nuclear power stations, wind farms, coal and gas power stations and combined heat and power plants. The company supplies gas and electricity to 6 million business and residential customer accounts and is the biggest supplier of electricity by volume in Great Britain.

EDF Energy’s safe and secure operation of its eight existing nuclear power stations at sites across the country makes it the UK’s largest generator of low carbon electricity. EDF Energy is also leading the UK's nuclear renaissance and has published plans to build four new nuclear plants, subject to the right investment framework.

These new plants could generate enough low carbon electricity for about 40% of Britain’s homes. They would make an important contribution to the UK’s future needs for clean, secure and affordable energy. The project is already creating business and job opportunities for British companies and workers.

Through Our Better Energy Ambitions, EDF Energy has developed one of the biggest environmental and social programmes of any British energy company.

In 2014 EDF Energy received seven ‘Big Ticks’ in the Business in the Community (BITC) Responsible Business Awards. In 2013 EDF Energy received the Environmental Leadership for Behavioural Change Award in the national Environment and Energy Awards and was highly commended in the first ever pan European Corporate Social Responsibility Awards scheme for its Sustainable Schools programme – the Pod.

EDF Energy is part of EDF Group, one of Europe’s largest power companies. The company employs around 14,000 people at locations across the UK.

Find out more about the UK's energy challenges and what we're doing to help us achieve Net Zero Britain. 

Related articles

Apprentice Evie
April 18, 2024

New Skills, Better Jobs: Report Reveals the Positive Impact of Hinkley Point C

New figures published in Hinkley Point C’s 2024 Socio-Economic Impact Report reveal the power of green investment to improve the lives and prospects of people and businesses locally, across Somerset and beyond.
Somerset saltmarsh site
January 04, 2024

Hinkley Point C sets out plan to create Somerset saltmarsh

Hinkley Point C, the new nuclear power station in Somerset, is asking for views on its plans to create more than 800 acres of saltmarsh on the River Parrett.
Big Carl’s spectacular dome lift caps the year
December 15, 2023

Big Carl’s spectacular dome lift caps the year at Hinkley Point C

The dome for Hinkley Point C’s first reactor building has been successfully lifted into place. The major milestone closes the roof on the first reactor building, allowing the first nuclear reactor to be installed next year.