The Delayed Agreement: What’s Holding Up the Sale of GE Steam Power to EDF?

2023-11-30 19:39:40

The agreement is still to be concluded between General Electric et EDF has Belfort : first mentioned for this Friday, December 1, the takeover by EDF of GE Steam Power, the nuclear branch of the American giant is… still awaited.

“What blocked the whole process?”

The employees involved were ready to celebrate the sale: “the confetti was ready, really” illustrates Saïd Bersy, union representative at GE (Steam Power) in Belfort. Result : the planned festivities at GE have been canceled this Thursday. According to the CGT, GE management reports “last minute difficulties” before validation of the contract.

The additional wait does indeed raise questions among the unions: “What element blocked the whole process” asks Saïd Bersy, who has the impression of living a bad return to the future in 2015, at the time of the purchase of GE from Alstom, before the nuclear recovery plan announced by Emmanuel Macron during his presidential visit to Belfort on February 10, 2022.

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Unions demand state intervention

The waiting time is not fundamentally “got” for representatives of 1,500 employees affected.Is this how we should treat company employees? I wonder about the progress of the operations, the lack of transparency, the fact of not speaking to the actors concerned” says Laurent Santoire. “We need something credible, with perspectives” evokes the central CGT delegate at GE Steam Power.

The period of uncertainty is an illustration of an absence of responsibility, always according to union speech. “The State cannot simply be a spectator” points out Saïd Bersy. The latest message from EDF, however, remains optimistic, with a view to an agreement “near.” For a date well and truly announced before the end of 2023?

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