PARIS (Standard&Poor's) Oct. 22, 2013--Standard&Poor's Ratings Services said today that its ratings and outlooks on French power incumbent Electricite de France S.A. (EDF; A+/Stable/A-1) and its wholly owned U.K. subsidiary, EDF Energy PLC (A/Negative/A-1), remain unaffected at this stage by the deal announced today between the U.K. government and EDF to build two new nuclear reactors for £16 billion at Hinkley Point C (HPC), a nuclear power station located in Somerset, South West England. We understand that EDF's binding investment decision regarding HPC is subject to the finalization of several U.K. government financial commitments, including the "Contract for Difference" for HPC's nuclear output and the terms of a sovereign guarantee on debt to fund the project.
