French government plans to nationalize electricity giant EDF (3)

July 6, 2022 at 7:13 am By SYLVIE CORBET The Associated Press PARIS (AP) - France's government plans to nationalize French electricity giant EDF amid an energy crisis aggravated by Russia's invasion of Ukraine, Prime Minister Elisabeth Borne said Wednesday. The French state now holds an 84% stake in the company, one of the world's biggest electricity producers.