ECIFF
Electricite de France SA  |  Grey Market
52wk high:12.90
52wk low:9.20
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  • Jul. 28, 2016, 1:39 PM
    • Electricite de France (OTC:ECIFF) has approved construction of the £18B Hinkley Point project, which would be the U.K.'s first nuclear power plant in 20 years, Financial Times reports.
    • The board OKd the long-delayed project despite opposition from within the company, and one board member resigned in protest.
    • Pending final sign-off by the British government, which already has  agreed to underwrite the project with a guaranteed price for the electricity it produces, construction could begin within weeks.
    Jul. 28, 2016, 1:39 PM