Electricite de France is a French electric utility company, largely owned by the French state. Headquartered in Paris, with €71.2bn in revenues in 2016, EDF operates a diverse portfolio of 120+ gigawatts of generation capacity in Europe, South America, North America, Asia, the Middle East, and Africa. EDF specializes in electricity, from engineering to distribution. The company's operations include the following: electricity generation and distribution; power plant design, construction and dismantling; energy trading; and transport.