LS Power Nears €4 Billion Deal for EDF North American Renewables Unit
Updated
Updated · Bloomberg · Jun 4
LS Power Nears €4 Billion Deal for EDF North American Renewables Unit
1 articles · Updated · Bloomberg · Jun 4
Summary
More than €4 billion is the price LS Power is discussing for EDF’s North American renewables business, with an announcement possible in coming days or next week.
Rising power demand from data centers is helping drive the talks, underscoring how electricity needs are lifting the value of renewable generation assets.
The negotiations are advanced but not final, and the timeline could slip or the deal could still collapse.