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EDF will purchase 51 to 75% of Areva reactor unit

French state-controlled utility EDF declared on Thursday it will acquire between 51 and 75 percent of the reactor unit of nuclear conglomerate Areva based on an estimate of 2.7 billion euros ($2.96 billion) for the entire unit.

read more... 30/07/2015

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Polish opposition wishes to block railways’ sale of utility unit

Poland's most important opposition party, a frontrunner in pre-election polls, wishes to block the already settled 2-billion zloty ($537.1 million) sale of Polish state-run railways PKP's utility unit to global private equity fund CVC.

read more... 29/07/2015

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China to build two nuclear power plants in Iran

China envisages building two new nuclear power plants in Iran on the Makran coast, near the Gulf of Oman, Iran’s Atomic Energy Organization head Ali Akbar Salehi announced Wednesday.

read more... 24/07/2015

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Bulgaria enforces 5% revenue tax on electricity producers, importers

Bulgaria will enforce a 5 percent tax on profits for power producers and importers since it aims to reduce a deficit at its state-owned utility, as decided by its parliament on Wednesday.

read more... 23/07/2015

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NuGen purchases land for new British nuclear plant

NuGen has inked an agreement to purchase the land at its Moorside site from Britain’s Nuclear Decommissioning Authority (NDA), as stated by the company on Tuesday, taking expansion of its projected nuclear project in northwest England a step closer.

read more... 16/07/2015

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