EDF is set to build a new reactor at the Flamanville nuclear power plant that will cost about EUR1.5 billion (US$1.6 billion) more than the initially proposed.
The European pressurized reactor (EPR) in Flamanville was initially projected to value EUR3.3 billion (US$3.6 billion) and to become operational in 2012.
The power plant has experienced wielding problems that delayed the commissioning of the new reactor. French Nuclear Safety Authority (ASN) required EDF to repair the nuclear plant after its assessment.
Country updates
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October 08, 2019
CNR completes acquisition of VOL-V Renewable Electricity renewable assets
Compagnie Nationale du Rhône (CNR) has completed the acquisition of the wind and solar assets of the VOL-V Renewable Electricity (VOL-V ER) in France from VLO-V. VOL-V ER provid...
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October 07, 2019
Voltalia has completely acquired Helexia
Voltalia SA concluded the acquisition Helexia, a rooftop solar and energy management specialist, for a total value of EUR56.6 million (US$61.99 million). Voltalia acquired Helexia shares from Cr...
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October 03, 2019
InfraVia launches InfraVia Growth Fund
InfraVia Capital Partners has launched a new infrastructure fund, InfraVia Growth Fund. The Fund intends to focus on the digital economy and dedicated to leading tech companies operating in sect...
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October 02, 2019
EDF prepares buyout offer for FUTUREN
FUTUREN's Board of Directors have held a meeting in the perspective of a proposed takeover bid to be filed soon, at a price of EUR1.15 (US$1.25) per FUTUREN share, by the EDF Renewable Group currently...
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September 27, 2019
Sonnedix inaugurates 5 MW St Etienne solar park in France
Sonnedix has inaugurated its 5 MW solar PV plant in St Etienne-des-Sorts, southern France. METKA EG will take care of the EPC works for the project. Construction on the solar plant began in late 201...
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