# French State to acquire part of GE Steam Power's nuclear business for EDF

The French State signed an exclusive agreement to acquire part of GE Steam Power's nuclear activities, including the Arabelle turbine and related technology, with closing expected in first half of 2023.

- Type: Acquisition
- Announced: 2022-02-17
- Where: France
- Status: announced
- Products: steam turbines, Arabelle turbine, nuclear island equipment
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EDF](https://endata.com/companies/771.md) (partner)
- [GE Steam Power](https://endata.com/companies/5219.md) (target)
- [French State](https://endata.com/companies/61101.md) (acquirer)

## Sources

- [de-pardieu.com](https://www.de-pardieu.com/en/advising-the-french-state-on-the-proposed-sale-of-part-of-ge-steam-powers-nuclear-business-to-edf/), 2022-02-17: "De Pardieu Brocas Maffei has advised the French State on the signature of an Exclusive Agreement to acquire part of GE Steam Power’s Nuclear Activities."

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