EDF’s
bid,
which
essentially
amounts
to
a
state
takeover,
ends
the
long-running
and
increasingly
political
uncertainty
surrounding
Photowatt,
which
was
placed
in
bankruptcy
protection
last
November
by
its
present
owner,
Canada’s
ATS
Automation
Tooling
Systems.
Through
its
French
solar
subsidiary
Énergies
Nouvelles
Réparties
(EDF-ENR),
EDF
has
committed
to
taking
on
all
Photowatt’s
remaining
430-strong
workforce
in
France,
with
most
of
the
jobs
to
remain
at
its
principal
plant
outside
of
Lyon.
Although
two
other
serious
bidders
are
understood
to
have
made
a
play
for
Photowatt
–
ECM
Technologies,
a…
