PARIS (Reuters). Shares of the French utility EDF fell 1.3% in the early stages after Les Echos revealed that the government was considering a capital injection totalling more than 2 billion euros ($2.3 billion).

The daily financial paper stated that the State (…) had voted in favor of rapid strengthening of the group’s equity through the injection of over 2 billion Euros.

EDF and finance minister declined to comment.

Bruno Le Maire, French Finance Minister, said this week that EDF will soon make financial decisions regarding its future. The debt-laden company faces large-scale investments to build six nuclear reactors of the next generation.

French President Emmanuel Macron previously stated that France’s nuclear renaissance (a significant policy shift consisting of extending old reactors’ lifespans and building eight new EPR2 units) will be led EDF.

The utility shares lost nearly 40% of their value due to curbs placed on French consumers to protect them from rising power prices. These setbacks were compounded by a string of technical problems that caused the utility to stop some of its nuclear reactors.

Macron stated that public funding of tens of billions would be used for the financing of these projects as well as to protect EDF’s financials.

This week, the French government stated that they were discussing all possible options regarding EDF’s future.

($1 = 0.8801 euros)