London: EDF is moving to buy out the remaining half share in its renewable-energy subsidiary, EDF Energies Nouvelles (EDF EN), for about €1.5bn ($2.2bn).. The French group says the move would strengthen its position in a renewables market that is about to enter "a new phase of development" with the emergence of global players and industrial-scale operations.
"Renewable-energy projects are becoming more significant in size and more complex," says Thomas Piquemal, EDF's chief financial officer.
EDF
