Why has EDF delayed the sale of its stake in Edison to 2027?

EDF has postponed the sale of its stake in Edison to next year (2027) due to ongoing disruptions to liquefied natural gas (LNG) supplies caused by the Iran conflict and the broader Middle East crisis, which have negatively impacted Edison’s business as Italy’s second-largest gas importer; additionally, changes in Italy’s regulatory framework and the need to revise Edison’s business plan to reflect LNG supply uncertainties have contributed to the delay.

What is the current valuation range estimated for Edison, and what recent development further threatens its supply stability?

Sources told Reuters last year that Edison could be valued at €7 billion to €10 billion ($8 billion to $11.6 billion); more recently, QatarEnergy — Edison’s long-term Gulf supplier — notified it of the cancellation of five additional LNG cargoes, extending force majeure to mid-August, thereby worsening supply instability amid the Hormuz crisis.

EDF Delays Edison Stake Sale to 2027 Amid Hormuz Crisis

May 27, 2026

EDF postponed selling its stake in Italian subsidiary Edison until 2027 due to Middle East conflicts disrupting LNG supplies. Discussions may resume in September if market conditions stabilize.

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