Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, October 14, 2010

EDF, Constellation Ties Worsen Over $2 Billion Plant Option

EDF seeks to purchase Constellation's stake in U.S. nuclear venture
 

Electricite de France has offered to acquire the shares that Constellation Energy Group holds in their joint U.S. nuclear power venture. EDF also said it is prepared to proceed with the construction of a third reactor at the Calvert Cliffs facility in Maryland on its own. Bloomberg
 
(10/14) , Bloomberg Businessweek/The Associated Press
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