Financial Times FT.com

EDF under pressure to pull out of US venture

By Peggy Hollinger in Paris

Published: October 30 2009 02:00 | Last updated: October 30 2009 02:00

EDF, the French nuclear power operator, faces pressure from the government to abandon its US foray, where regulatory difficulties have delayed a $4.5bn deal with Constellation Energy.

The French utility has agreed to buy 49.9 per cent of Constellation's nuclear assets and build four nuclear reactors with the US company.

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