EDF and the EIB announce the signature of €500 million financing contract to support the modernisation and the resilience of Enedis-managed public electricity grid
Luxembourg, Sept. 5 -- EDF (acting in its role as shareholder of Enedis, the public utility managing the power grid across 95% of France) has signed a €1 billion loan with the European Investment Bank (EIB) . The loan will support Enedis' investment programme, which aims notably to improve the network resilience to the impacts of climate change and the connection of decentralised renewable energy.The €1 billion financing to meet Enedis' financing needs for 2024-2025 is divided into two phases: an initial €500 million loan in 2024 and a second for the same amount signed in July 2025.A long-standing financial partner of EDF, the EIB supports innovative, high-potential projects helping to meet Europeqn Union policy goals, mos...
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