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EDF prepares to list its renewable energy subsidiary.

Europe Intelligence Wire

| May 04, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From La Tribune)

EDF, the French electricity group, is reported to have asked the investment banks Lazard Ixis and JP Morgan to manage the flotation of its renewable energy division, EDF Energies Nouvelles (formerly known as SIIF Energies). The operation, which was approved by the EDF bord last June, is expected to take place either later this year or early in 2007. The banks are believed to have put EDF Energies Nouvelles' value …

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