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Tuesday, June 14, 2011

Westinghouse and Bulgarian Energy Holding EAD Sign Agreement on Nuclear Collaboration

Westinghouse and Bulgarian Energy Holding EAD Sign Agreement on Nuclear Collaboration

PR Newswire
PITTSBURGH, June 13, 2011 /PRNewswire/ -- Westinghouse today announced that it has signed a Memorandum of Understanding (MOU) with Bulgarian Energy Holding EAD (BEH) under which the companies will discuss cooperation on a range of nuclear energy projects at the Kozloduy site in Bulgaria. These projects include support of the current operating plants in the areas of life extension and instrumentation and control, as well as decommissioning and dismantling of the four non-operational units on site. The scope of the agreement also covers more general considerations of various stages of the nuclear fuel cycle and proposed new build in the region.
Upon signing the agreement in Sofia, Bulgaria, Anders Jackson, Westinghouse President for the Europe, Middle East and Africa Region, expressed his satisfaction with the collaboration between the companies.
“Westinghouse actively participated in the modernization project of Kozloduy Units 5 & 6, and we are pleased to strengthen our relationship with such an important member of the international nuclear community,” Mr. Jackson said. “Both Bulgarian Energy Holding EAD and Westinghouse recognize that there are a number of areas where we share common interests and can mutually benefit from this agreement. Establishing this MOU is the first step along that path, and we are looking forward to the journey.”
Bulgaria has an established nuclear program dating back 35 years and nuclear energy accounts for a third of the nation’s electricity generation.

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