Nuclear News | November 17, 2016

Photo Credit: Karen Bryan

Photo Credit: Karen Bryan

France’s EDF Throws Areva a Lifeline with Reactor Deal

France moved to shore up its nuclear industry on Wednesday with utility EDF (EDF.PA) agreeing to buy the reactor construction business of state-run peer Areva (AREVA.PA) for 2.5 billion euros ($2.7 billion). Loss-making Areva is years behind schedule on projects in France, Finland and China, and the delays have raised concerns at EDF as it lines up Areva to build two new nuclear plants at Hinkley Point in Britain.
a

NUCLEAR COOPERATION

NUCLEAR ENERGY

NUCLEAR SAFETY AND SECURITY

COMMENTARY

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s