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EDF shares plunge after faults found at French nuclear power reactor

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Reuters

By Dominique Vidalon and Benjamin Mallet PARIS (Reuters) -Shares in EDF plunged on Thursday after the French power giant found faults at a nuclear power station and shut down another plant using the same kind of reactors, leading it to cut its core profit goal for this year. France’s Nuclear Safety Authority (ASN) said EDF had informed it that the company had detected cracks due to corrosion on the pipes of a reactor at the Civaux power plant in western France. It said EDF, which has extended the outage of its Civaux station as a result and also stopped the Chooz plant in eastern France as it …

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