The contract will enable TotalEnergies to benefit from the competitiveness of nuclear power generation while allowing EDF to share the risks and costs associated with production variability. EDF will remain solely responsible for the operation of its assets.

"I welcome this win-win agreement, the result of a constructive dialogue with EDF, which will allow our energy-intensive industrial sites in France to secure a large portion of their long-term supply with competitive, low-carbon electricity," said Patrick Pouyanné, Chairman and CEO of TotalEnergies.