Wednesday, January 13, 2016

EDF sinks to all-time low as nuclear waste cost estimate soars | Reuters


PARIS, Jan 12 Shares in French utility EDF sank to all-time lows on Tuesday after the country's Andra nuclear waste agency said that storage costs could be higher than EDF's estimates, although EDF disputed Andra's figures. Mirroring German utilities E.ON and RWE , which saw their shares hit decade lows late last year over worries about nuclear decommissioning costs, shares in EDF fell as much as 7.3 percent before closing down 4.4 percent at 11.96 euros...

more: UPDATE 1-EDF sinks to all-time low as nuclear waste cost estimate soars | Reuters

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