EDF Announces Agreement for Sale

Press ReleaseThis article is based on a press release or official communication from Wire News Service. The European Times republishes it as a public service.

EDF signs agreement to sell its power solutions in North America

After a competitive process, EDF has signed an agreement where KKR commits to acquiring EDF power solutions’ operations and assets in the U.S. and Canada, with the option for EDF to sell these assets.

EDF power solutions focuses on clean energy solutions, including the development, construction, and operation of renewable power plants, storage systems, smart EV charging, and microgrids. The company provides solutions across the value chain, from origination to operation, managing a renewable asset portfolio of 5.6GW net capacity in the USA and Canada.

The transaction is subject to an information and consultation process with employee representatives and governance body approval.

About EDF
The EDF Group is a central figure in the energy transition, involved in power generation, distribution, trading, energy sales, and services. As a leader in low-carbon energy, it produces 515TWh that is 95% decarbonized with a carbon intensity of 26.5gCO2/kWh by 2025, relying on a diverse mix mainly of nuclear and renewable energy. EDF invests in new technologies to support the energy transition, aiming for a net zero energy future through electricity and innovative solutions, promoting environmental sustainability and economic growth. EDF serves approximately 41 million customers and achieved sales of €113.3 billion in 2025.

(1) The customer base includes electricity, gas, and recurring service contracts.


1 Net installed capacity at 31 March 2026

  • PR EDF Agreement for sale EDF power solutions NA 06.2026

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Comments

7 responses to “EDF Announces Agreement for Sale”

  1. Natural Mess Avatar
    Natural Mess

    Blimey, who knew selling power could be so electrifying? I suppose KKR’s going to need a good plug to charge up all those assets! ⚡️💼

  2. Burst Nibbler Avatar
    Burst Nibbler

    EDF selling its power solutions in North America? Brilliant! Just what we need—another French company giving away their electrifying secrets to the Yanks. 🍷⚡️

  3. Hoboken Nightingale Avatar
    Hoboken Nightingale

    So EDF’s decided to sell their North American power solutions, huh? Guess they figured why not let KKR have a go at the renewable scene, like handing over the keys to the family car after missing the last three family road trips. 😂

  4. insane sweepkick Avatar
    insane sweepkick

    Just what we need, another big company playing Monopoly with energy – nothing says “green future” like selling off your power solutions to the highest bidder! 💸✨

  5. fearless Avatar
    fearless

    Just what we needed, another big company shuffling papers across the pond while claiming to save the planet. 🤷‍♂️ Can’t wait for the “green” energy revolution to become a million-dollar game of musical chairs!

  6. Guess EDF finally decided that selling power solutions in North America is just like selling ice to Eskimos—who knew it was so easy? 🤷‍♂️💼

  7. Marigold Loot Avatar
    Marigold Loot

    Typical EDF, selling off their power solutions like a car boot sale in the U.S. and Canada—guess they figured they could use a bit of extra pocket money for their next green tech adventure. ⚡💸

  8. nueva nova Avatar
    nueva nova

    Looks like EDF is finally cashing in on their green dreams across the pond—who knew selling clean energy could be so lucrative? 🌍💰 Just hope KKR knows what to do with it, or we might end up with a lot of hot air! 😏

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EDF Announces Agreement for Sale

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EDF signs agreement to sell its power solutions in North America
After a competitive process, EDF has signed an agreement where KKR commits to acquiring EDF power solutions’ operations and assets in the U.S. and Canada, with the op

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