FRANCE BUYING NA NUKE UTILITIES
Framatome acquires RCM Canada nuclear power divisionAugust 7, 2021
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French nuclear infrastructure firm Framatome is acquiring a Canadian company that will help broaden its reactor work in that nation and beyond.
Framatome has announced the deal to buy the nuclear power division of RCM Technologies Canada Corp. The RCM acquisition strengthens and expands Framatome’s position in CANDU reactor design expertise.
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French nuclear infrastructure firm Framatome is acquiring a Canadian company that will help broaden its reactor work in that nation and beyond.
Framatome has announced the deal to buy the nuclear power division of RCM Technologies Canada Corp. The RCM acquisition strengthens and expands Framatome’s position in CANDU reactor design expertise.
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“We welcome our new colleagues to Framatome’s worldwide team of engineers and experts,” said Bernard Fontana, CEO of Framatome. “Framatome has been in Canada for more than 50 years and we are reinforcing our commitment to growing our operations in the country. The acquisition of RCM’s nuclear power systems division enhances our unique expertise in engineering, procurement and construction for the nuclear energy industry and positions us well to serve our Canadian customers.”
Framatome has more than 300 employees working in Canada. They are focused on engineering, nuclear services, hardware, design, safety and control systems within the Candu nuclear fleet there.
The CANDU (for Canada deuterium uranium) is a heavy pressurized water reactor design. It was originally developed in Ontario and has been exported globally. CANDU Energy is a member of the SNC-Lavalin Group.
Framatome is majority-owned by France’s EDF Energy with minority stakes held by Mitsubishi Heavy Industries and Assystem.
Originally published by Rod Walton on power-eng.com
French EDF set to buy GE's nuclear turbines business - La Tribune
CREDIT: REUTERS/SARAH MEYSSONNIER
France's state-backed utility EDF is set to buy General Electric's (GE) nuclear turbines activity, French newspaper La Tribune reported on Friday on its website.
PARIS, Aug 27 (Reuters) - France's state-backed utility EDF EDF.PA is set to buy General Electric's (GE) GE.N nuclear turbines activity, French newspaper La Tribune reported on Friday on its website.
GE's nuclear activities are mostly based in Belfort, in eastern France, and pooled in its GE Steam Power unit, La tribune also said. The unit makes the Arabelle turbines used in EDF's EPR nuclear reactors.
EDF had no immediate comment on the report. GE could not be reached for comment.
(Reporting by Matthieu Protard and GV De Clercq; Editing by Kirsten Donovan)
France's state-backed utility EDF is set to buy General Electric's (GE) nuclear turbines activity, French newspaper La Tribune reported on Friday on its website.
PARIS, Aug 27 (Reuters) - France's state-backed utility EDF EDF.PA is set to buy General Electric's (GE) GE.N nuclear turbines activity, French newspaper La Tribune reported on Friday on its website.
GE's nuclear activities are mostly based in Belfort, in eastern France, and pooled in its GE Steam Power unit, La tribune also said. The unit makes the Arabelle turbines used in EDF's EPR nuclear reactors.
EDF had no immediate comment on the report. GE could not be reached for comment.
(Reporting by Matthieu Protard and GV De Clercq; Editing by Kirsten Donovan)
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