M&AAnnouncedDecember 2, 2025

EDF's US renewable energy business — 18 GW developed, 14.6 GW under service contracts

EDF explores selling 50-100% of US renewables business to fund €50B debt and 6 new nuclear reactors in France. Bloomberg first reported ~50% stake sale (~€2B) in July 2025; Nomura Greentech hired as advisor Sep 2025; CEO confirmed 50-100% range in Nov 2025. Portfolio includes wind (onshore/offshore), solar, storage, and DG (PowerFlex). Rebranded as EDF Power Solutions NA in May 2025.

$4.60B

Deal Value

18,000MW

Capacity

Hybrid

Technology

Multi-state

Location

Deal Details

Deal Type
Corporate
Seller / Sponsor
EDF (parent)
Buyer / Financier
TBD (exploring 50-100% sale)
Deal Value
~$4.6B (est. €4B)
Stage
Mixed (Operating + Development)
ISO/RTO
Multiple

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