EDF Will Bail on Three Nuclear Plants, Exelon Holds the Bag

EDF Will Bail on Three Nuclear Plants, Exelon Holds the Bag

Exelon Generation said EDF Group-a French integrated electricity company-is exercising a put option to sell its 49.99% interest in the R.E. Ginna, Nine Mile Point, and Calvert Cliffs nuclear energy facilities. The two companies will now begin negotiations for Exelon to acquire full ownership of the plants.

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