ACQUISITION

Acquisition of British energy

EDF acquisition of British energy

Electricite de France (EDF)

EDF is specialized in the entire process of production and distribution of electricity, power plant design to distribution to individuals. Electricite de France (EDF) is the main business of production and supply of electricity. Defies characterized by the preponderance of nuclear energy in its production report. It also operates in France, a fleet of 58 nuclear reactors in operation. Its nuclear fleet currently consists of 58 operating reactors (62,400 MW), with 34 reactors with a capacity of 900 MW, 20 reactors of 1,300 MW and 4 reactors of 1450 MW. The company is divided into the following divisions:

Existing nuclear operates eight nuclear power plants in the United Kingdom with a total capacity of 9,000 megawatts - electricity, which is crucial for the UK economy.

Nuclear new building, which is responsible for delivering the next generation of nuclear power plants in line with the overall program for the production of EDF safe, affordable, reliable generation, low-carbon electricity in the United Kingdom.

Energy supply and delivery to the customer operates power plants and wind farms, the purchase and sale of electricity to future generations and the needs of clients and deals with the expectations of all energy customers. (http://www.edfenergy.com/ )

British Energy

British Energy Group plc is a British production and supply of electricity whose business is located in the United Kingdom . British Energy operates one coal-fired plant located in Eggborough ( East Yorkshire ) and eight nuclear power plants through its subsidiary British Nuclear Fuels plc .

British Energy was founded in 1995 to operate eight nuclear power plants the most modern Britain. British Energy Group PLC is a British production and supply of electricity whose business is located in the United Kingdom. British Energy operates one coal-fired plant located in Eggborough (East Yorkshire) and eight nuclear power plants through its subsidiary British Nuclear Fuels PLC. It produces 16% of the electricity consumed in Great Britain and employs over 6,000 people. (http://www.british-energy.com/)

EDF management had announced that a second time, the EDF Group is expected to sell 25% stake in British Gas Centrica. EDF is already present in the United Kingdom through its subsidiary EDF Energy, which employs 13,000 people and handles 5.5 million customer accounts. The subsidiary already operates three thermal power plants, two coal-fired and natural gas in the third. Acquisition details

It is "effective", EDF owns British Energy, announced Monday, January 5 the French group said in a statement. The acquisition of UK operator of nuclear plants has become "final" means the EDF subsidiary, Lake Acquisitions, owns approximately 96.44% of current issued share capital of British Energy. By acquiring BE owns eight of the ten nuclear reactors in the country, EDF, which already operates 58 reactors in France accesses a promising nuclear market, the British government decided to raise.

In business, an acquisition is the purchase by a legal person controlling stake in another company, not to merge their assets. The acquisition of a business can be conducted by a strategic buyer, ...