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Paris (AFP) July 27, 2010 French energy giant EDF may take a stake in nuclear power group Areva, which will seek a capital increase of as much as 15 percent by the end of the year, the French president's office said Tuesday. "A strategic partnership between EDF and Areva covering all areas of shared activity and interest will be put in place," a statement said. The accord will ensure a secure and competitive supply of nuclear fuel and the two companies will work together on the export of nuclear power plants, it said, adding that they will remain free to cooperate with other partners. Areva will develop its industrial capacity through a large investment plan which will be financed by the company raising fresh funds equal to up to 15 percent of its capital by the end of this year. Talks with investors, both industrial and financial, have already begun, it said, adding that under the cooperation accord being drawn up, the possibility of EDF taking a stake in Areva would be examined.
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S.Korea loans Jordan 70 million dollars for nuclear reactorAmman (AFP) July 26, 2010 South Korea on Monday loaned energy-poor Jordan 70 million dollars to help build the kingdom's first nuclear research reactor, a project worth 130 million dollars. "Building the reactor is key to Jordan's peaceful nuclear programme," planning minister Jaafar Hassan told reporters after signing an easy loan agreement with South Korean officials. The reactor will be built at the Jordan Uni ... read more |
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