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Nuclear News

Financial close for Barakah Nuclear Power Project

Financial close for Barakah Nuclear Power Project

🕔Oct 31, 2016

Milbank, Tweed, Hadley & McCloy LLP has advised Korea Eximbank and the commercial banks (comprising First Gulf Bank, HSBC, National Bank of Abu Dhabi and Standard Chartered Bank) on the financing of Barakah nuclear energy project.

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Final contracts signed for Hinkley Point C

Final contracts signed for Hinkley Point C

🕔Oct 3, 2016

Contracts for the Hinkley Point C nuclear power station in Somerset (UK) have been signed.

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AREVA exercises the option to sell its share in Adwen to Gamesa

AREVA exercises the option to sell its share in Adwen to Gamesa

🕔Sep 19, 2016

Following a 3-month competitive bidding process aimed at obtaining and assessing offers from potential third-party investors, the Board of Directors of AREVA S.A. decided to authorize AREVA’s Executive Management to exercise the option to sell its shares in Adwen to Gamesa.

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Exelon to acquire Entergy’s James A. Fitzpatrick Nuclear Power Plant in Upstate New York

Exelon to acquire Entergy’s James A. Fitzpatrick Nuclear Power Plant in Upstate New York

🕔Aug 25, 2016

Exelon Generation has agreed to assume ownership and management of operations of Entergy Corporation’s James A. FitzPatrick Nuclear Power Plant in the Town of Scriba, near Oswego, New York.

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BWX Technologies enters into a share purchase agreement to acquire GE Hitachi Nuclear Energy Canada

BWX Technologies enters into a share purchase agreement to acquire GE Hitachi Nuclear Energy Canada

🕔Aug 25, 2016

BWX Technologies (BWXT) has announced that its subsidiary BWXT Canada has entered into a share purchase agreement to acquire all of the shares of the GE Hitachi Nuclear Energy Canada (GEH-C) joint venture. 

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China General Nuclear Power Corporation (CGN) to take a 33.5 % stake in Britain's Hinkley nuclear plant

China General Nuclear Power Corporation (CGN) to take a 33.5 % stake in Britain's Hinkley nuclear plant

🕔Oct 22, 2015

EDF Group and China General Nuclear Power Corporation (CGN) yesterday signed a Strategic Investment Agreement for the construction and operation of the proposed Hinkley Point C nuclear power station in Somerset, in the United Kingdom.

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Fennovoima submits Construction License Application for the Hanhikivi 1 nuclear power plant

Fennovoima submits Construction License Application for the Hanhikivi 1 nuclear power plant

🕔Jul 2, 2015

Fennovoima has submitted a Construction License Application for the 1200 MW Hanhikivi 1 nuclear power plant to the Ministry of Employment and the Economy of Finland.

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Horizon Nuclear Power hires David Stearns as Business Development Director

Horizon Nuclear Power hires David Stearns as Business Development Director

🕔Jun 11, 2015

Horizon Nuclear Power, a UK nuclear power developer, has appointed David Stearns joining as Business Development Director.

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Vattenfall announces closing of two nuclear reactors

Vattenfall announces closing of two nuclear reactors

🕔Apr 29, 2015

Vattenfall has decided to close two nuclear reactors,  Ringhals 1 and 2, of the four-reactor Swedish nuclear power plant.

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Turkish Nuclear Power Plant Project near Sinop receives formal approval by Parliament

Turkish Nuclear Power Plant Project near Sinop receives formal approval by Parliament

🕔Apr 14, 2015

Mitsubishi Heavy Industries, Itochu Corp. and GDF Suez have received the formal approval from the Turkish Parliament for the 4,400 MW nuclear power plant project near Sinop in Turkey.

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EBRD to close Chernobyl New Safe Confinement funding gap

EBRD to close Chernobyl New Safe Confinement funding gap

🕔Mar 20, 2015

European Bank for Reconstruction and Development (EBRD) has plans to close “a substantial funding gap” of €100 million ($107.3 million) for the Chernobyl New Safe Confinement project.

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CGN Power raises $3 billion in IPO

CGN Power raises $3 billion in IPO

🕔Dec 15, 2014

China General Nuclear Power Group (CGN Power), China's mainland biggest nuclear energy company by installed capacity, has raised HK$23.8 billion (US$3.07 million) through an initial public offering (IPO).

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UK to guarantee Moorside nuclear power plant

UK to guarantee Moorside nuclear power plant

🕔Dec 4, 2014

Plans to build Moorside nuclear power plant in West Cumbria (UK) have moved one step forward following an agreement by HM Treasury to provide financial security for private investors in the project.

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Osaka City to seek sale of Kansai Electric Power stake

Osaka City to seek sale of Kansai Electric Power stake

🕔Nov 19, 2014

The Osaka Municipal Government has announced plans to sell its shares of Kansai ElectricPower Co., operator of the Ohi nuclear plant located in western Japan.

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AREVA’s CEO steps down

AREVA’s CEO steps down

🕔Oct 21, 2014

The Chief Executive Officer of French nuclear manufacturer Areva is stepping down from his position after saying an unspecified illness has left him unable to do the work.

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EU Commision approves British nuclear power plant

EU Commision approves British nuclear power plant

🕔Oct 13, 2014

The European Commission has approved the state aid case for the development of a new 3,200 MW two reactor nuclear power station at the Hinkley Point C plant, in Somerset, England.

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Russia’s Rosatom to build nuclear plants in Jordan

Russia’s Rosatom to build nuclear plants in Jordan

🕔Aug 20, 2014

The Kingdom of Jordan and the Russian state energy provider, Rosatom, have announced plans to develop the Jordan's first nuclear power plant.

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Areva closes refinancing of French nuclear project

Areva closes refinancing of French nuclear project

🕔Jul 8, 2014

AREVA finalized a financing project for SET (Société d’Enrichissement du Tricastin), which owns and runs the Georges Besse 2 enrichment plant on the Tricastin nuclear site in Southern France.

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GE wins fight for Alstom energy business

GE wins fight for Alstom energy business

🕔Jun 23, 2014

The board of directors of Alstom received, on June 20, 2014, an update to the offer from General Electric (GE) to acquire the power and grid businesses of Alstom and a revised proposal from Siemens and Mitsubishi Heavy Industries.

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Mitsubishi Heavy Industries and Siemens presents bid for Alstom

Mitsubishi Heavy Industries and Siemens presents bid for Alstom

🕔Jun 17, 2014

Mitsubishi Heavy Industries (MHI) and Siemens AG yesterday announced that they have provided a proposal to acquire certain assets of French multinational conglomerate, Alstom.

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