Michele Kearney's Nuclear Wire

Major News and Commentary Military and Civilian Nuclear Activities

Tuesday, April 10, 2012

Rosatom seeks shares in U.K. nuclear energy venture

Rosatom seeks shares in U.K. nuclear energy venture
Russia's Rosatom is targeting shares in the Horizon Nuclear Power joint venture. Horizon sought to construct new reactors in the U.K., but its backers, E.ON and RWE, withdrew due to financial constraints. "The British market is potentially attractive for Rosatom. Rosatom can give all guarantees that the construction of a [nuclear power plant] in the U.K. will meet absolutely all international safety requirements and International Atomic Energy Agency standards," said company spokesman Sergey Novikov. The Telegraph (London)

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