ArcelorMittal Secures Long-Term Low-Carbon Power Supply From EDF
ArcelorMittalArcelorMittal(US:MT) ZACKS·2026-01-07 15:35

Key Takeaways ArcelorMittal signed a CAPN with EDF to secure long-term low-carbon electricity for its sites in France.MT receives a share of EDF's operating nuclear fleet capacity under an 18-year contract starting Jan. 1, 2026.ArcelorMittal says the deal supports decarbonization, competitive pricing, and production in France.ArcelorMittal S.A. (MT) and EDF have signed a Nuclear Power Production Allocation Contract (“CAPN”) to secure a long-term supply of low-carbon electricity. This marks a major step in A ...