Veolia, EDF reach deal on Dalkia ownership

|By:, SA News Editor

Electricite de France (ECIFF, ECIFY) and Veolia Environnement (VE) reportedly strike a deal over the ownership of their energy generation joint venture Dalkia, putting an end to a nearly two-year-old dispute.

EDF would take over the French activities of Dalkia, while VE will take over the venture's international business; VE will pay €550M ($759M) to EDF as part of the deal.