EDF | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

EDF is an energy provider in the UK, supplying electricity and gas to homes and businesses. The company is committed to achieving...


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EDF is an energy provider in the UK, supplying electricity and gas to homes and businesses. The company is committed to achieving Net Zero by investing in low-carbon technologies, including wind, nuclear, and solar energy. With over 40 years of experience in providing low-carbon electricity, EDF is also focused on helping customers decarbonise their energy usage through innovative solutions such as heat pumps and electric vehicles.

Website
Headquarters
London, England
Size
10,001+ employees
Industry
Utilities
Specialities
Low carbon electricity, Nuclear generation, Energy efficiency, Sustainability, Dual fuel, Research & Development, Engineering, Apprenticeships, Renewables, Digital, Finance, Supply Chain, Project Management, STEM, Graduates, Sales & Marketing, Product Development, IT, Energy Services, Legal

πŸ›οΈ EDF Product and Pricing News β†’

πŸ‘” EDF CEO, Management and Leadership Team β†’

βš”οΈ EDF Alternatives and Competitors β†’

πŸ’Ό EDF Hiring and Layoffs β†’

πŸ€– EDF Developer, Integration and Automation News β†’

πŸ“ˆ EDF Financials, Fundraising and Valuation News β†’

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πŸ›οΈ EDF Product and Pricing News

  • FERC approved a $528,000 settlement resolving a fuel cost recovery dispute between EDF Trading North America and CAISO.
  • EDF is involved in joint business ventures in Uzbekistan, reflecting strong interest in the country's market and economic reforms.
  • EDF Renewables North America announced a groundbreaking project to use wind power for direct air capture and CO2 storage in Texas, bypassing the traditional power grid.
  • EDF will launch auctions for long-term nuclear electricity contracts in the first half of 2025, offering 10 TWh of electricity to European companies with deliveries starting in 2026.
  • EDF launched a new advice hub to support small businesses with solutions for cost-cutting, debt management, and sustainability.

  • The Advertising Standards Authority banned EDF's radio ad for misleading claims about solar energy costs and benefits.
  • On February 19, 2025, the ASA upheld a complaint against EDF for a misleading radio ad claim about solar panels and battery storage.
  • India is expected to allow EDF to proceed with the Jaitapur nuclear power plant and collaborate on small modular reactors with Indian firms.

πŸ‘” EDF CEO, Management and Leadership Team


βš”οΈ EDF Alternatives and Competitors

  • National Grid
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  • CGN Power
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  • CEZ
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  • npower
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  • Vestas Deutschland
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  • Axpo
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  • Engie Portugal
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  • Centrica
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  • Saudi Power Procurement Company
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  • EDP
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  • RWE
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  • E.ON UK
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  • Enel
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  • Octopus
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  • Bulb
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  • Good Energy
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  • British Gas
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  • SSE
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  • Ecotricity
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  • Scottish Power
  • |
  • Apex Clean Energy
  • |
  • Terra-Gen
  • |
  • Invenergy

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πŸ’Ό EDF Hiring and Layoffs

  • EDF's chairman was recently dismissed, prompting advice for the company to reduce overseas investments and focus on domestic power projects in France.
  • On March 24, 2025, EDF replaced Luc RΓ©mont with Bernard Fontana as head amid disputes over electricity pricing and strategic restructuring.
  • Emmanuel Macron has ousted EDF boss Luc RΓ©mont amid backlash over high electricity prices.
  • EDF CEO Luc Remont is stepping down amid rising complaints from industrial clients over electricity costs, and Bernard Fontana is being considered as his replacement.
  • Tamer Albishawi has left EDF as Chief Nuclear Officer in the United Kingdom to join Emirates Nuclear Energy Company as Enterprise Chief of Nuclear Operations.

  • Capula, part of the EDF Group, is hiring for multiple positions including Payroll and HR Co-Ordinator and Financial Controller, emphasizing their focus on operational technology and digital transformation.
  • Andrea Knight has joined EDF as MEH People Programme Director in the United Kingdom, previously serving as Head of HR at Balfour Beatty Kilpatrick.
  • Tom Reid has left EDF to join Westinghouse Electric Company as Director, Engineered Solutions in the United Kingdom, after serving as Engineering Manager at EDF (UK).

πŸ€– EDF Developer, Integration and Automation News

  • EDF is partnering with Wales Nuclear Forum to offer business opportunities related to Sizewell C, with an event in Cardiff on March 18.
  • EDF announced a partnership with Tech Nation Climate Programme to support climate tech startups.
  • EDF Renewables North America signed an agreement with Fathom to use their US Flood Map for site selection of solar and wind farms.
  • EDF signed a €7 billion agreement with Egypt and Zero Waste to develop a green hydrogen project near the Gulf of Suez.
  • EDF has partnered with sΓΈster to offer a prize draw for six customers to win a UK staycation with Β£700 spending money.

  • On February 26, EDF India and NTPC Limited signed a non-binding Term Sheet to develop pumped storage projects in India, potentially integrated with renewable energy.
  • On February 26, 2025, EDF India announced a joint venture with Actis to develop advanced metering infrastructure in India, enhancing operational efficiencies and supporting the country's energy transition.
  • On February 23, 2025, EDF India Private Limited partnered with Coal India Limited to develop renewable energy projects, including pumped storage plants, across India.

πŸ“ˆ EDF Financials, Fundraising and Valuation News

  • EDF Pulse Ventures has invested €7 million in Siteflow to enhance digital operations in the nuclear sector, aligning with EDF's 'Ambitions 2035' strategy.
  • EDF has acquired 100% of the German company energy2market (e2m) to strengthen its position in decentralised energy management in Europe, pending approval from European competition authorities.
  • EDF is a strategic investor in Vast's clean energy project in South Australia, which has secured up to AUD180 million from the Australian Renewable Energy Agency.
  • EDF paid €670 million in dividends to non-controlling interests according to its 2024 annual results.
  • EDF acquired the 350-MW Baixo Iguacu Hydropower Plant in Brazil from Iberdrola for $247.1 million.

  • On January 6, 2025, EDF successfully issued a senior multi-tranche bond for $1.9 billion to support its carbon neutrality strategy.
  • EDF plans to acquire 340 acres of farmland in Gloucestershire to create a salt marsh as part of environmental compensation for the Hinkley Point C nuclear power station, despite opposition from the Hewlett family.
  • EDF Renewables has recorded a nearly $1 billion impairment for its Atlantic Shores Offshore Wind project in New Jersey.

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