Corporate rss

CLP buys 17% stake in operator of Yangjiang plant

30 November 2016

Yangjiang units 1 to 6 - 48Hong Kong-based power company CLP Holdings Limited has won a bid to acquire a 17% stake in Yangjiang Nuclear Power Company Limited from China General Nuclear. The transaction is expected to be completed by mid-2017.

Ukraine applauds WANO's pilot cross-centre review at Rovno

25 November 2016

The head of Energoatom has described the World Association of Nuclear Operators' first cross-regional review, which is taking place at the Rovno nuclear power plant in Ukraine, as a "very useful" exercise that reflects changes to WANO's approach following the 2011 Fukushima accident in Japan.

Contract signed for Areva reactor business sale

16 November 2016

Areva and EDF yesterday signed a contract for the sale of Areva NP's reactor business. EDF will take exclusive control of the new entity, referred to as 'New NP' and valued at €2.5 billion ($2.7 billion).

SNC-Lavalin wins Atucha contract

25 November 2016

SNC-Lavalin has been awarded a pre-project contract from Argentina's Nucleoeléctrica Argentina SA for the Candu nuclear new build project at the Atucha site in the district of Zàrate. The Canadian engineering group said yesterday that, "if this project materialises, it would be the first Candu new build since Cernavoda Unit 2 came on line in 2007".

India joins CERN

22 November 2016

India is set to become an associate member of European particle physics research organisation CERN, subject to final approval by the Indian government. The move followed the signature of an agreement by CERN's director general and the chairman of India's Atomic Energy Commission (AEC).

Bellefonte buyer to complete plant

15 November 2016

Bellefonte_aerial_(TVA)-48Nuclear Development LLC yesterday bought at auction the partially-completed Bellefonte nuclear power plant from the Tennessee Valley Authority for $111 million. The private company intends to invest up to $13 billion to complete construction of the nuclear plant.