
French energy giant EDF has been dropped from Saudi Arabia's troubled Neom megaproject as the kingdom scales back its futuristic desert city amid safety concerns, technical challenges and ballooning costs.
EDF, a leader in hydro-electric technology, won the tender in January 2024 to carry out preliminary studies on the conception and construction of a hydroelectric power plant in Saudi Arabia's futuristic megacity in the desert, known as Neom.