EDF and ENKSZ (“Első Nemzeti Közműszolgáltató Zrt.”) have completed the transaction for the sale of the whole of EDF stake in EDF DÉMÁSZ Zrt, its Hungarian subsidiary. This announcement follows the receipt of both the approval by the Hungarian regulator of the energy sector and the authorization by the French Ministry of Economy.

The transaction values the 100% stake of EDF in EDF DÉMÁSZ Zrt at approximately 400 million euros, and is a new step forward in the execution of EDF’s disposal plan for the 2015-2020 period.

EDF had announced on December the 6th 2016 the signature of a definitive agreement in the perspective of this sale.

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