Areva
Nuclear
Long running Finnish nuclear dispute ends with $554m pay out
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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.
Europe
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.
Europe
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.
Europe
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.
Europe
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.
Asia
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.
Asia
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.
Europe
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.
Europe
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.
Europe
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.