EDF, grappling with mounting financial strain, is reportedly set to exit several international ventures as part of a broader strategy to stabilize its balance sheet. Industry insiders reveal that this decisive move involves a reassessment of ongoing projects deemed non-core or less profitable amid a turbulent energy market and escalating operational costs. Sources indicate that the state-controlled utility aims to streamline its global footprint, focusing on bolstering domestic operations and flagship nuclear initiatives.

In addition to retreating from select overseas engagements, EDF is expected to implement significant workforce reductions. The company is planning to cut jobs, particularly those linked with the affected foreign projects, to align expenditures more closely with the current economic realities. Below is an overview highlighting key affected regions and the estimated impact:

Region Project Type Estimated…