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Areva plans 5 billion euro capital raise

French nuclear conglomerate Areva announced it plans a 5 billion euro capital raise to reestablish its finances and declared it anticipates the intended takeover of its reactor unit by fellow state-owned utility EDF to be completed in 2017.

read more... 29/01/2016


EDF inks preliminary agreement to build six nuclear plants in India

French utility EDF declared on Tuesday it had inked a preliminary deal with Nuclear Power Corp of India Ltd (NPCIL) to construct six nuclear reactors at Jaitapur, in the west of India.

read more... 27/01/2016


EDF shares drop to all-time low since nuclear waste cost estimate increases

Shares in French utility EDF fell to all-time lows on Tuesday after the country's Andra nuclear waste agency declared that storage costs might be more elevated than EDF's predictions, though EDF questioned Andra's figures.

read more... 13/01/2016


EDF might sell more than 6 billion euros of assets

French utility EDF is thinking about selling assets estimated at more than 6 billion euros ($6.45 billion) this year, French daily Les Echos reports.

read more... 06/01/2016


EDF will make firm offer for Areva reactors at the beginning of 2016

Divergences over valuation and charges related to a Finnish reactor project are likely to postpone French utility EDF's purchase of Areva's nuclear reactor business until next year, according to sources familiar with the situation.

read more... 15/12/2015