DECRYPTION – In 2015, Alstom, then in the midst of financial turbulence, sold its energy division to General Electric for 12 billion euros.
1er December, EDF and the American conglomerate General Electric (GE) are expected to sign the final signature on the contract for the sale of GE Steam Power to the French, for 1.1 billion euros. The end of an industrial and geopolitical soap opera, symbol of the changes made by France. Industry and nuclear power, poor relations of French strategic choices of the last two decades, have once again become national priorities since the start of the 2020s. The takeover by a nationalized EDF of turbines for Arabelle nuclear powermanufactured in Belfort by GE Steam Power, sounds like meaningful revenge.
Relaunch of nuclear power, reindustrialization and sovereignty issues are on the menu of this Franco-French (re)marriage. The last hours are devoted to a very careful rereading of the contracts. “It’s like at the notary, as long as you haven’t checked all the papers, you don’t sign”, slipped to Figaro Tuesday evening a connoisseur of the file. An act where each line, small…