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
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
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
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
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