EDF's finance director quits over Hinkley Point costs, BBC says
Updated: 2016-03-07 21:00
By Chris Peterson(chinadaily.com.cn)
|
|||||||||
The logo of France's state-owned electricity company EDF is seen on the company's headquarters in Paris, France. [Photo/Agencies] |
France's EDF, which is leading a consortium including China General Nuclear Power Corporation to build a nuclear generating station at Hinkley Point in southwest England, said its finance director has quit, the BBC reported.
EDF is expected to announce by April how it will finance its 66.5 percent stake; last week France and the UK said they were still backing the project, following a meeting between UK Prime Minister David Cameron and French President Francois Hollande.
Thomas Piquemal stepped down because he was worried that EDF's finances could be jeopardised by the cost of the project, the broadcaster said.
CGN has agreed to pay a third of the 18 billion pounds cost of the project in return for a 33.5 percent stake.
The BBC said it understood EDF was seeking aid from the French government, which owns 84.5 percent of the French power company, to raise funding for its share.
To contact the reporter: chris@mail.chinadailyuk.com
Related Stories
France's EDF delays go-ahead again on UK-China nuclear power plant 2016-01-27 22:04
EDF chief believes Chinese firms will take 40% stake in Hinkley nuclear project 2015-10-02 19:42
EDF says China ties remain sound 2015-09-10 11:14
France's Areva signs agreements with its Chinese partners, EDF 2015-07-01 14:25
DRC, EDF hold talks to promote energy cooperation 2013-12-05 15:38
Today's Top News
EDF's finance director quits over Hinkley Point costs
Lavrov, Kerry hail progress in Syrian ceasefire
PM Fico's Smer party leads Slovak election: exit poll
Britain to take lead in promoting EU-China trade talks
Chinese brands make a mark in Europe
Expanding footprint
Spanish Princess testifies in tax fraud trial
Women driving growth of O2O in China
Hot Topics
Lunar probe , China growth forecasts, Emission rules get tougher, China seen through 'colored lens', International board,
Editor's Picks
Britain to take lead in promoting EU-China trade talks |
China shows the way in green standards |
Chinese brands make a mark in Europe |
Expanding footprint |
'Princess' becomes entrepreneur |
No one-size-fits-all for Chinese tourists |