EDF Puts U.S. Expansion on Hold, Raises French Output

Nov. 15 (Bloomberg) -- Electricite de France SA, the biggest operator of nuclear reactors, put on hold a plan to develop atomic plants in the U.S. while domestic plant availability improved at the lower-end of a targeted pace.

EDF is reviewing its business in the U.S. and supply contracts for developing a reactor, Thomas Piquemal, chief financial officer, said today on a conference call. “When we have a better visibility on the regulatory environment and price evolution, we will be in a better position to see whether we go ahead with U.S. projects.”