6 May 2024
EDF seeking contractual clarity as it ponders sale of Dunkirk LNG terminal stake
Publication date: 19 September 2017
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EDF is looking at potentially selling the entirety of its majority stake in the recently commissioned Dunkirk LNG terminal in a bid to raise much-needed funds to help strengthen its balance sheet.
Market sources said the French state-backed utility is hoping to raise around EUR 1 billion (USD 1.2 billion) by offloading up to its 65% share in the regasification facility, but a contractual wrinkle could ...