EDF’s statement following on Polish Government’s decision on EDF Polska
The EDF Group takes notice of the Polish Government’s decision received on the 12/12/16 to object to the division of EDF Polska.
This division was part of the asset disposal process of EDF Polska in accordance with CAP 2030 Group strategy. It aimed to separate cogeneration activities (heat and power) of EDF Polska from those related to the generation of the coal-fired plant of Rybnik (power only).
The EDF Group regrets this decision, which precludes it from exercising its legitimate rights as a shareholder, in particular the right to close the ongoing sale processes with EPH and IFM.
Consequently, the EDF Group is examining the reasoning underlying this refusal and, in the meantime, reserves all of its rights.”
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