Financial Times FT.com

EDF and Centrica each claim victory with deal

By Ed Crooks, Energy Editor

Published: May 11 2009 22:33 | Last updated: May 11 2009 22:33

“As with all deals, it happened because it was good for both sides,” said Vincent de Rivaz, EDF’s chief executive in the UK. “It’s a win-win.”

EDF and CentricaEDF’s agreement to sell a 20 per cent stake in British Energy, the nuclear generator, to Centrica at a knock-down price allowed both sides to claim success.

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