Michele Kearney's Nuclear Wire

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

Wednesday, January 15, 2014

Japan's Toshiba to buy 60% stake in British nuclear firm

Japan's Toshiba to buy 60% stake in British nuclear firm
Tokyo (AFP) Jan 15, 2014 - Japan's Toshiba said Wednesday it would buy a controlling interest in British nuclear firm NuGeneration as it tries to rekindle an atomic business hammered by the 2011 Fukushima crisis. The engineering giant said it had reached a deal with NuGeneration's owners - France's GDF Suez and Spain's Iberdrola - to take a 60 percent stake in the firm, which plans to build nuclear power plants in n ... morehttp://www.nuclearpowerdaily.com/reports/Japans_Toshiba_to_buy_60_stake_in_British_nuclear_firm_999.html

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