That is deeply incorrect. EDF as hugely profitable and brought back billions to its main stock holder (the French state) for multiple decades. The recent debt

That is deeply incorrect. EDF as hugely profitable and brought back billions to its main stock holder (the French state) for multiple decades. The recent debt crisis has mainly two causes: - The state has used EDF to shield consumers against the 2022-2023 energy price increases. EDF has taken the losses directly for the state. - The results of terrible energy policies the last decades (attempt to reduce nuclear at 50% and mainly the infamous ARENH). What happened is pretty typical of when you have a state is directly managing a private actor: Incompetent politicians swiping their foots on the company to satisfy their own demagogy.