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EDF to finalize purchase of GE Steam Power · Endata

◂ Announcements

Nov 29, 2023ACQUISITIONFrance

EDF to finalize purchase of GE Steam Power

EDF is set to finalize the takeover of GE Steam Power, General Electric's nuclear turbine business, on Friday. The acquisition includes the Arabelle turbine production division and involves about 3,400 employees worldwide.

Status

Announced

Productsnuclear turbinesArabelle turbines

CompaniesEDF acquirer General Electric target

Sectors#Power Generation Equipment

“The expected announcement on Friday of the completion of the takeover of General Electric’s (GE) nuclear business by Électricité de France (EDF) represents an important milestone in the French energy landscape.”energynews.pro

1 source
energynews.proEDF to Finalize Purchase of GE Steam Power | energynews.proNov 29, 2023

Summarized from public sources; check the original articles before acting on it.

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Apr 25, 2024CONTRACTPenly, Gravelines and Bugey, France$8.60B
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Apr 1, 2024CONTRACTSizewell, United Kingdom$4.30B
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Dec 27, 2023CONTRACTPrince Mohammed bin Salman Natural Reserve, Red Sea region, Saudi Arabia, Saudi Arabia
L&T awarded EPC contract for Amaala utilities project in Saudi Arabia
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Nov 16, 2023CONTRACTPenly, Seine-Maritime, France$4.40B4,000 jobs
Eiffage signs €4B civil engineering contract for Penly EPR2 reactors
EDF customer Eiffage partner bfmtv.com
Oct 24, 2023CONTRACTSaudi Arabia, Saudi Arabia
Al-Jomaih-led consortium wins contract for Taiba 2 and Qassim 2 IPPs
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