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The UK's vote to leave the European Union (EU) will not affect Electricite de France's strategy, which includes the planned construction of the GBP18bn ($25bn) Hinkley Point NPP. "We think that this vote has no impact on our strategy," EDF CEO Jean-Bernard Levy told reporters in Paris. "The strategy for our British subsidiary is unchanged."

Date: Monday, 27 June 2016
Original article: neimagazine.com/news/newsthe-uncertainties-of-brexit-4933924


French nuclear operator Electricite de France (EDF) has agreed to buy a majority stake in nuclear group Areva's reactor business subsidiary, Areva NP. EDF said it had signed a memorandum of understanding (MOU) with Areva specifying that it will take "majority control" of Areva NP of "at least 51%" with a maximum stake of 25% held by Areva and the potential participation of minority partners.

Date: Friday, 31 July 2015
Original article: neimagazine.com/news/newsedf-to-buy-majority-of-areva-np-4635803

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