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Former EDF CFO says he had wanted a 3-year delay on Hinkley Point

Reuters - UK Focus

PARIS, May 4 (Reuters) - The former chief financial officer of French utility EDF (Paris: FR0010242511 - news) wanted the company to delay a final investment decision on its Hinkley Point nuclear power plant project in Britain by at least three years, he told French parliament on Wednesday.

"In January 2015, I proposed to chief executive Jean-Bernard Levy to negotiate a three-year delay with our client because we reasoned that the weight of the project on EDF's balance sheet would be significant," former CFO Thomas Piquemal said at a parlimament committee hearing.

Piquemal resigned from the company in March and had never spoken publicly about his reasons for leaving before. (Reporting by Bate Felix; editing by Geert De Clercq)