E.ON sells nuclear stake in Finland

E.ON (FWB: EOAN) is selling its 34 per cent stake in Fennovoima, effectively ending its interest in the company’s nuclear power plant project in Finland.

Finland has four reactors producing a quarter of the country’s electricity and is building a fifth one expected to be online in 2013.

Nuclear power plant
Plants are expected to be online by 2020, when the government wants Finland to be self-sufficient in electricity production.

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