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France’s Framatome, global testing, inspection and certification...
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MHI and JNFL complete investment in Orano
Mitsubishi Heavy Industries (MHI) and Japan Nuclear Fuel Limited (JNFL) have completed an investment of €250m ($307m) to acquire 5% stakes in Orano, the newly formed company created...
Rosatom details investment plans
In a report to Russian President Vladimir Putin on 27 February, Alexei Likhachev, director general of state nuclear corporation Rosatom, detailed the company’s investment programme.
EDF profits fall
State-controlled Electricite de France (EDF) on 16 February announced a net profit of €2.8bn ($3.4bn) for 2017, a 31% decrease compared with 2016, which it attributed to low prices and...
Rosatom sets up company for 3D printing
Russian state nuclear corporation Rosatom has created a new unit, Rusatom-Additive Technologies (RusAT), for the development of 3D printing, fuel company Tvel (part of Rosatom)...
Kinetrics acquires Wood Group’s Romania business
Canada-based Kinectrics said on 29 January it had completed its acquisition of the Nuclear Romania business from the Wood Group (formerly Amec Foster Wheeler).
More consolidation for China’s nuclear industry
China National Nuclear Corp (CNNC) is taking over nuclear power plant builder China Nuclear Engineering & Construction (CNEC).
Nuclear restructuring continues in France as New Areva becomes Orano
French nuclear fuel company New Areva (formerly part of state-owned Areva) on 23 January was rebranded as Orano.
Urenco denies sales talks
European uranium enrichment company Urenco said in a statement on its website on 19 January that it is “not in discussions with the Japanese government in relation to a sale of...
Toshiba agrees to sell its claims in Westinghouse
Japan’s Toshiba Corp has agreed to sell claims in its US-based nuclear subsidiary, Westinghouse Electric Company, to bolster its capital by JPY410bn ($3.68bn) by March, to help to...
Framatome to acquire Schneider Electric’s nuclear automation business
France’s Framatome on 18 January announced an asset purchase agreement with Schneider Electric to acquire Schneider’s nuclear automation business
Toshiba settles guarantee obligation to VC Summer
Japan’s Toshiba on 12 January completed the early payment of $1.86bn – the remaining outstanding amount of its parent company guarantee obligation – to Scana Corporation subsidiary...
Dominion and Scana plan merger
US utilities Dominion Energy and Scana Corporation have agreed to combine in a stock-for-stock merger.
Areva NP becomes Framatome and Atmea is reorganised
French company New NP, the subsidiary of the Areva NP subsidiary responsible for the Areva Group's nuclear reactor operations, has been renamed Framatome following its sale to...
Canada’s Brookfield to buy Westinghouse
Canadian investment fund Brookfield (Brookfield Business Partners with institutional partners) said on 4 January that it is to acquire 100% of Westinghouse Electric Company from...
Russia signs more nuclear cooperation agreements
December saw Russia sign various nuclear agreements with Uzbekistan, Brazil and Sudan as well as strengthening is co-operation with the Philippines.
India’s Auditor criticises Kudankulam
Comptroller and Auditor General of India (CAG) said on 27 December that it had identified some "deficiencies" in the project to construct and commission units 1 and 2 of the...
Areva and EDF complete sale of New NP
Electricite de France (EDF) has bought Areva NP's nuclear reactor operations (New NP) division from Areva SA, following the signature of definitive binding agreements on 22nd December.
France considering EDF restructuring
France’s finance ministry is studying several scenarios for restructuring Electricite de France (EDF), including spinning off its nuclear power generation activities into a...
US companies consider Westinghouse buy-out
Private equity companies Blackstone Group and Apollo Global Management have formed a consortium to buy out US-based Westinghouse Electric Co from a Japanese Toshiba corporation,...
NDA formally terminates CFP Magnox contract
The UK Nuclear Decommissioning Authority (NDA) announced on 29 September that it has now given notice of termination to Cavendish Fluor Partnership (CFP) for its management...