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Perma-Fix Environmental Services, Inc. announced it has signed a definitive agreement to acquire Safety and Ecology Holdings Corporation (SEC) from Homeland Security Capital Corporation (Homeland). Under the terms of the agreement, Perma-Fix will pay Homeland approximately $24.5 million consideration...

CANDU Energy, a wholly-owned subsidiary of SNC-Lavalin Group Inc., is pleased to announce that it has agreed with the Government of Canada to acquire certain assets of Atomic Energy of Canada’s (AECL) commercial reactor division for a purchase price of $15 million and royalty payments from future...

“GE and Dresser are a natural fit together. We share a commitment to technology and innovation and we have many common customers in the energy space” - Edited By Tom Lamar - General Electric (GE) has announced the successful closing of its $3 billion acquisition of Dresser, Inc., a...

Hitachi considering operations such as long-term maintenance of nuclear plants and growth by future acquisitions - Edited By Chris Reed - Hitachi Ltd. President Hiroaki Nakanishi said this week that the company has plans to accelerate cooperation with General Electric in nuclear power plant sales...

- Edited By Chris Reed - Huaneng Power International, Inc. announced today that it has completed the transaction of acquisition of the interests in Hainan Nuclear. On December 1, 2010, the Company entered into an "agreement relating to the transfer of a 30% interest in Hainan Nuclear Power...

“Acquiring Energy Steel is a logical step in broadening Graham’s offerings to the energy markets and strengthening our presence in the nuclear sector in particular, which we consider an important growth market.” Said James R. Lines, Graham’s President and Chief Executive Officer...

"We are looking forward to providing our clients with access to a larger global footprint and the ability to meet their needs across a wider range of services and sectors, including the nuclear power market, which is a key strength for URS." said Hugh Blackwood, Vice President of URS Corporation...

Proposal would consolidate operation of Y-12 National Security Complex, Pantex Plant and Savannah River Tritium Operations into one contract, extend Kansas City Plant contract, and launch new Integration, Management and Execution Construction Management Contract - Edited by Stephen Heiser - After...

Enterprise Informatics' eB Insight is a leading operations mainstay in the nuclear industry – one of the most heavily regulated industries in the world - By Stephen Heiser - Bentley has acquired Enterprise Informatics, Incorporated and Exor Corporation. These strategic acquisitions accelerate...

Acquisition Expands B&W’s Capability in European Renewables Sector - By Linton Levy - Denmark-based Babcock & Wilcox Vølund A/S (B&W Vølund), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has acquired Götaverken Miljö...

We feel compelled to respond to the ARMZ Release", said Grant Edey, Chairman of the Special Committee. "It contains inaccurate or misleading information, and does not address very real and substantial concerns - By Linton Levy - Khan Resources Inc. has announced its response to the news...

Sale of the Transmission & Distribution Business - By Stephen Heiser - On June 30, 2009, having reviewed the group’s development plan, the AREVA Supervisory Board asked AREVA’s Executive Board to initiate a process for the sale of the Transmission and Distribution business. At the...

EDF and Centrica will form a separate 80/20 joint venture through which they will undertake the pre-development activities for a planned nuclear new build program - By April Murelio - Centrica plc has completed the purchase of its stake in British Energy through the acquisition of a 20 per cent...

Sale Process of Its Transmission and Distribution Division - By Stephen Heiser - Within the scope of the sale process of its Transmission and Distribution division launched on June 30th, 2009, the deadline for binding offers was November 9th at 5 pm. AREVA received three offers from: - Alstom...

Contract worth $1.2 billion - By Linton Levy - USEC Inc. has announced that Exelon Generation Company LLC has signed a contract to purchase SWU (separative work units) from USEC’s American Centrifuge Plant to fuel its reactors. Exelon operates the largest fleet of commercial nuclear reactors...

Unresolved issues key to termination of contract - By Linton Levy - Uranium Resources, Inc. (URI) has announced that it has terminated the agreement for the acquisition of certain assets in New Mexico from NZ Uranium, LLC because of the existence of title issues that were not resolved. The Company...

The government will play a major role in any decision for the 91-percent state-owned firm - Edited by Abby Gessner - According to a report by Reuters, Japan's Toshiba Corp plans to bid for French nuclear group Areva's (CEPFi.PA) power transmission and distribution unit, four sources with...

An initial cash payment of $850,000 for Sheep Mountain and for the Hollie claims; followed by a payment of US$2,000,000 if the month-end spot uranium price - By Abby Gessner - Titan Uranium Inc. has announced that it has entered into a definitive agreement (with Uranium One Inc. to acquire the...

Nuclear company makes wind investment - By Stephen Heiser - AREVA has signed an agreement to acquire PN Rotor GmbH, a German manufacturer of high-performance rotor blades for offshore wind turbines from Prokon Nord Energiesysteme GmbH. With this strategic acquisition, AREVA strengthens its competitiveness...

Exelon redoubles focus on stand-alone growth opportunities Exelon Corporation has announced that, effective immediately, it is terminating its pending offer to acquire all of the outstanding shares of NRG Energy, Inc. common stock at a fixed exchange ratio of 0.545 of a share of Exelon common stock...

Exelon Says Election of Nine New NRG Directors Would Create Opportunity for Negotiations and Additional Value for NRG Shareholders - By Linton Levy - Exelon Corporation has announced in a letter to NRG shareholders that the election of nine new independent NRG directors is a vote for negotiations...

A letter to NRG stockholders recommending that they vote for the NRG Board’s four independent directors - Edited by Stephen Heiser - NRG Energy Inc. is mailing a letter to NRG stockholders recommending that they vote for the NRG Board’s four experienced and highly qualified independent...

Stockholders Recommended to Vote “Against” Exelon’s Board Expansion Proposal - By Abby Gessner - NRG Energy, Inc. has announced that RiskMetrics Group (formerly Institutional Shareholder Services), PROXY Governance, Inc., Glass Lewis & Co., and Egan-Jones Proxy Services, the...

Exelon urges NRG shareholders to elect nine new independent directors to maximize the opportunity to realize this value - By Stephen Heiser - Exelon Corporation has announced that it has mailed a letter to shareholders of NRG Energy, Inc. with more information on its increased offer to acquire...

Adds Market-Leading Transaction Management and Settlements Solution to Comprehensive Energy Portfolio Management Offering - By Abby Gessner - Ventyx, one of the world’s largest private software, data and advisory services providers to the nuclear energy industry, today announced it has completed...