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French authorities are not considering evacuation around Tricastin, according to the deputy prefect of the Vaucluse departement (county), Jean-Charles Geray. He was responding September 22 to media queries after the antinuclear organization Sortir du Nucleaire, or SdN, issued a press release saying there was the possibility of imminent danger connected with a fuel handling mishap at Electricite de France's Tricastin-2 on September 8.
more from www.platts.com
Electricite de France SA, Europe's biggest power producer, said it offered to acquire Constellation Energy Group Inc. with KKR & Co. and TPG Capital LP for $6.2 billion, 32 percent more than Warren Buffett agreed to pay.
The agreement announced Sept. 18 for Buffett's MidAmerican Energy Holdings Co. to buy Baltimore-based Constellation for $4.7 billion, or $26.50 a share, isn't adequate, Paris-based EDF said today in a public filing. Constellation Chief Executive Officer Mayo Shattuck said the Buffett deal was ``superior'' to any alternative available after the largest U.S. power marketer plunged 58 percent in the preceding three days.
more from www.bloomberg.com
French power giant EDF is preparing to make a sweetened offer for nuclear power firm British Energy (BGY.L: Quote, Profile, Research) as early as this week, the Sunday Express newspaper reported, without citing sources.
The paper said the offer of about 770 pence a share was set to be signed off by EDF's board of Wednesday and could be announced the next day, although the timetable could also slip.
more from uk.reuters.com
Anyone who went off to the beach a month ago in the expectation that the future of Britain's nuclear industry had been settled will be returning to a serious disappointment. The structure of the industry is still undecided, while the government maintains the fiction that it is a question that can be resolved by the private sector alone. With the security of Britain's energy supplies at stake, this muddle and confusion is dismaying.
more from www.ft.com
EDF the world's biggest single producer of nuclear energy, signed a formal agreement on Sunday to invest in and operate two new-generation reactors in the southern province of Guangdong.
more from www.reuters.com
The grand plan for nuclear power in the UK has come to a grinding halt with EDF's decision to abandon buying British Energy
It’s not often that the blocking of a single deal brings a whole area of national policy to a grinding halt.
Yet that is what has happened with the failed (for the moment) auction of British Energy (BE), our sole nuclear-power provider. When its sale to EDF, the French utility group, was halted on Thursday, government energy policy was derailed at the same moment.
more from business.timesonline.co.uk
Recriminations over who was to blame for the collapse of the £12bn British Energy takeover deal have begun in earnest with questions raised over the credibility of the nuclear generator's board and the Government's entire energy policy.
The deal fell apart late on Thursday evening when Sir Adrian Montague, chairman of BE, informed EDF shortly after 10pm that his board would be unable to recommend the French utility's offer as a number of shareholders, including Invesco and M&G, felt it was too low.
more from www.telegraph.co.uk
Electricite de France SA, the world's largest owner of nuclear power stations, may sell U.K. atomic sites to gain approval for the purchase of British Energy Group Plc, two people with knowledge of the talks said.
more from www.bloomberg.com
ONE of the front runners in the race to build a new nuclear power station at Wylfa looks poised to complete an £12bn deal for British Energy which could cool its interest on Anglesey.
UK nuclear firm British Energy is expected to be snapped up by French power giants EDF (Electricité de France), which recently revealed it was buying up farmland around Wylfa, owned by the National Decommissioning Authority.
more from www.dailypost.co.uk
France's EDF and Britain's nuclear generator, British Energy, are understood to have reached agreement in principle on the terms of an agreed bid.
Although work on an offer is continuing, the French company is understood to be keen to finalise a deal next week, ahead of publication of its latest figures on Friday.
more from www.guardian.co.uk
It's been one of the longest negotiations in corporate history, but I have learned that EDF of France - in partnership with Centrica - is likely to announce early next week that it is buying British Energy, the UK's nuclear power generator, for more than £12bn.
more from www.bbc.co.uk
EDF, the French utility, could face a legal challenge over the technology it has decided to use in building Britain’s latest generation of power stations.
EDF announced last May that it planned to employ Areva, the French nuclear energy group, but its decision, which was made without giving rival reactor manufacturers an opportunity to bid for the contract, could be illegal under European law, according to Ros Kellaway, partner and head of EU competition law in Eversheds
more from business.timesonline.co.uk
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