Kron fielded questions from financial analysts this morning after a dramatic weekend in the battle for control of the French group that saw the Alstom board approve GE’s revised plan over a counter-offer from Siemens and Mitsubishi Heavy Industries.

That proposal foresees the setting up of three 50/50 joint ventures, including one in renewables that features Alstom’s offshore wind, hydro and tidal energy assets, and a second in grid.

The