EDF Energy - Finance
EDF Energy - Finance
EDF Energy - Finance
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
On track to deliver integration synergies<br />
• Total synergies announced at the time of the British <strong>Energy</strong> acquisition,<br />
€200m over three years to 2011<br />
• We expect to have delivered across <strong>EDF</strong> <strong>Energy</strong> over £150m (c.€180m)<br />
by year end<br />
• Synergies specifically within Existing Nuclear are being delivered<br />
in the following areas:<br />
• Lower nuclear insurance costs<br />
• Nuclear fuel synergy from bringing together favourable contractual positions of British <strong>Energy</strong><br />
and <strong>EDF</strong> Group<br />
• <strong>EDF</strong> Group technical input into the resolution of the Hot Box Dome issue<br />
at Heysham 1 and Hartlepool<br />
• IT synergies<br />
• Costs avoidance (e.g. engineer recruitment costs, training centre set up costs, cash collateral costs,…)<br />
• Other areas of synergies: outage management, training and Human<br />
Performance, engineering<br />
We are on track to deliver and even exceed<br />
acquisition synergy targets
Change language