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Radio France Internationale
Radio France Internationale
National
RFI

French state to bail out New Caledonia electricity provider

New Caledonia Electricity Deficit France
French gerdarmes block a road leading towards the Saint Louis tribe as they provide security during the second round of France's legislative elections in Mont-Dore, in the French Pacific territory of New Caledonia, on 7 July, 2024. AFP - THEO ROUBY

France has granted a "repayable advance" of €14.2 million to Enercal, the main provider of New Caledonia's electric grid, which is running a chronic budget deficit.

Paris said it granted a "repayable advance" of 1.7 billion Pacific francs (€14.2 million) to Enercal, the main electricity provider of the New Caledonia.

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