EDF finalizes deal with Exelon paving way for possible U.S. nuclear exit

|By:, SA News Editor

Electricite de France (ECIFF) says it has finalized a deal with U.S. partner Exelon (EXC -0.4%) that paves the way for the French power company to start withdrawing from its foray into the U.S. nuclear power sector.

EDF will delegate to EXC the operational management of the five nuclear reactors owned by their jointly owned energy company Constellation Energy Nuclear Group.