France’s largest utility company and electricity producer and distributor, state-owned EDF Group (Electricité de France) has announced an equity investment in hybrid-electric aircraft developer AURA AERO. 

This investment, the amount of which has not been disclosed, will be executed through an EDF Group subsidiary called SAFIDI, which is dedicated to financing regional decarbonization projects. 

In EDF Group, Toulouse-based AURA AERO has found a rather strong partner since the integrated energy firm is one of the largest global players in the field of energy generation and distribution, with an annual turnover of nearly €140 billion in 2023. 

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