Areva

Long running Finnish nuclear dispute ends with $554m pay out

Areva have agreed to pay $554m to Finland’s Teollisuuden Voima (TVO) for cost overruns and delays at the Olkiluoto nuclear reactor it is building with Germany’s Siemens. 

EDF cleared to take over Areva’s reactor business

French utility EDF’s proposed takeover of Areva’s nuclear reactors business was approved this week by the European Commission.

EDF buys Areva reactor business for $2.7bn

French state utility EDF has made a binding agreement to purchase Areva’s nuclear reactor assets, in a deal worth $2.7bn.

EDF board member resigns ahead of crucial nuclear vote

An EDF board member has opted to resign ahead of a vote expected today on whether to go ahead with the Hinkley Point C nuclear power project in England.
Sign for Hinkley Point C nuclear power plant

Hinkley Point C nuclear project decision set for next week

EDF is to consider a final investment decision on the Hinkley Point C nuclear power project next week.

EU scrutinises Areva re-structuring deal

The European Commission has announced that anti-trust regulators have commenced investigating the restructuring of French state-owned nuclear reactor builder Areva.

Mitsubishi acquires minority stake in Areva

Mitsubishi Heavy Industries (MHI) has signed a memorandum of understanding (MOU) with EDF to collaborate in the civil nuclear industry, taking a minority stake in the French state-owned firm.

Adwen, LM Wind Power unveil world’s longest wind turbine blade

French offshore wind partnership Adwen and Danish wind OEM LM Wind Power have unveiled the world’s longest wind turbine blade.

Finnish fears grow over French nuclear intentions

A breakdown in negotiations over a nuclear power plant in Finland is causing concern among the Finnish government as to the French government’s intentions for the project.

Hollande re-asserts belief in Hinkley Point C nuclear project

The French premier François Hollande says that he still wants to see the EDF-backed Hinkley Point C nuclear power project go ahead despite the difficulties the development is having in getting off the ground.

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