French energy firm swung to profit in 2023 despite impairment charge on struggling nuclear project in UK
The owner of the Hinkley Point C power plant has taken a near €13bn hit after delays and cost overruns to the vast nuclear project, which have triggered international political tensions.
France’s EDF Energy said it had taken a €12.9bn impairment charge on the project, weeks after it blamed inflation, Covid and Brexit for a four-year delay and extra £2.3bn bill for the Somerset plant.
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