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AREVA and others scramble to sell nuclear technology to Britain

Areva confirms joint bid with China’s CGNPC for UK’s Horizon AIX-EN-PROVENCE, France, July 7 | Sat Jul 7, 2012 (Reuters) – French nuclear group Areva will make a joint bid with China Guangdong Nuclear Power Corporation Holding (CGNPC) for the UK’s 6-gigawatt Horizon project, its chief executive Luc Oursel said on Saturday.

“We will participate in the British government’s plan to make this project a reality, and we will probably do it with Chinese power companies and other players,” Oursel said on the sidelines of a conference in Aix-en-Provence, southern France. “Probably by the end of the year, the sellers will make public their choice for the team that will take over the project,” Oursel told
reporters.

Reuters reported on June 18 that Westinghouse teamed up with SNPTC to make a bid, while Areva picked China Guangdong to put forward a bid…. http://www.reuters.com/article/2012/07/07/areva-horizon-idUSL6E8I72CS20120707

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July 9, 2012 - Posted by | business and costs, France, UK

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