# EDF sells 49.9% stake in RTE to Caisse des Dépôts and CNP Assurances

EDF finalised the sale of a 49.9% stake in the ad-hoc company holding 100% of RTE to Caisse des Dépôts and CNP Assurances, valuing RTE at €8.2 billion.

- Type: Acquisition
- Announced: 2017-03-31
- Where: France
- Value: $8.74B (8.20B EUR)
- Status: completed
- Products: electricity transmission
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EDF](https://endata.com/companies/771.md)
- [RTE](https://endata.com/companies/969.md) (target)
- [Caisse des Dépôts](https://endata.com/companies/23221.md) (acquirer)
- [CNP Assurances](https://endata.com/companies/23222.md) (acquirer)

## Sources

- [edf.fr](https://www.edf.fr/en/the-edf-group/dedicated-sections/journalists/all-press-releases/edf-finalised-the-indirect-sale-of-49-9-of-rte-assets-to-caisse-des-depots-and-cnp-assurances), 2017-03-31: "The transaction values 100% of RTE at €8.2 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.