UK Markets closed

France's EDF buys electric vehicle charging point firm Pivot Power

Nov 4 (Reuters) - French state-controlled energy group EDF has agreed to buy Pivot Power, a British start-up company that specialises in battery storage and electric vehicle charging points.

EDF, which did not disclose the financial terms of the acquisition, said the deal would allow it to become a leader in the fast-growing field of battery storage.


(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)