Électricité de France S.A. (EDF; Electricity of France) is a French electric utility company, largely owned by the French state. Headquartered in Paris, France, with €65.2 billion in revenues in 2010, EDF operates a diverse portfolio of 120+ gigawatts of generation capacity in Europe, South America, North America, Asia, the Middle East and Africa. In 2009, EDF was the world's largest producer of electricity. In 2011, it produced 22% of the European Union's electricity, primarily from nuclear power: