The Limited Times

Now you can see non-English news...

CDiscount will put an end to its adventure in electricity


INFO LE FIGARO - He is looking for a buyer for his portfolio of clients. Danish Barry is also exiting the market.

The surge in electricity prices on the wholesale market is about to claim another victim in France.

After Leclerc last summer, here is a second group of the distribution decided to stop its adventure in the supply of electricity.

Casino wants to get out of this activity, which it has developed through its online shopping site Cdiscount and its subsidiary specializing in energy GreenYellow, we learned from sources familiar with the matter.

Contacted by

Le Figaro

, the group declined to comment.

GreenYellow brings the supply service to Cdiscount, in addition to marketing offers on its behalf.

The two entities have 190,000 individual customers.

Read also

The government's plan to avoid the surge in the price of electricity

The energy subsidiary of Casino would have been taken in the back by the surge in prices on the wholesale markets.

The latter have broken record after record for a few months.

The price of megawatt-hour (1000 kilowatt-hours) for delivery in 2022 even reached 450 euros in December, a price ten times higher than usual ...

This article is for subscribers only.

You have 78% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month


Already subscribed?

Log in

Source: lefigaro

All business articles on 2022-01-07

You may like

Trends 24h


© Communities 2019 - Privacy