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Nuclear Power Industry News

Nuclear Power Industry News
Reports and news on nuclear power industry suppliers, utilities, companies, organizations, and technology.
Results for acquisitions
  • Blog Post: ENERCON Acquires MARACOR Technical Services Inc.

    Enercon Services, Inc. (ENERCON), a diversified energy consulting company with corporate headquarters in Atlanta (Kennesaw), Ga. has acquired MARACOR Technical Services Inc. (MARACOR) of Middletown, Maryland, a high-end technical analysis and software development company supporting the nuclear industry...
  • Blog Post: NNSA Releases New Contracting And Acquisition Strategy

    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...
  • Blog Post: AREVA’s Supervisory Board Enters Into Exclusive Negotiations With Alstom/Schneider

    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...
  • Blog Post: Uranium Resources Cancels Agreement To Acquire New Mexico Properties

    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...
  • Blog Post: EDF Investing in New Swiss Energy Company ALPIQ Holding SA

    Deal involves 765 MW in nuclear capacity By Stephen Heiser Following the agreements reached last December, EDF will, at the end of January, acquire a 25% holding in the new Swiss energy company, ALPIQ Holding SA, resulting from the combination of the activities of Swiss energy companies ATEL and...
  • Blog Post: Four Leading Proxy Advisory Companies Recommend NRG Stockholders Vote “FOR” All Four NRG Director Nominees

    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...
  • Blog Post: AREVA Gets Three Binding Offers

    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...
  • Blog Post: NRG Energy Sends Letter To Shareholders

    NRG Asks Stockholders to Continue to Send Message to Exelon That Its Proposal Remains Inadequate - By Stephen Heiser - NRG Energy Inc. is mailing a letter to NRG stockholders from David Crane, President and Chief Executive Officer, and Howard Cosgrove, Chairman of the Board, in connection with...
  • Blog Post: Exelon Announces Q4 And 2008 Results; Nuclear Sees Growth

    Increased nuclear output and lower purchased power costs - By Jack Bryar - Exelon Corporation’s fourth quarter 2008 consolidated earnings prepared in accordance with GAAP were $707 million, or $1.07 per diluted share, compared with earnings of $562 million, or $0.84 per share, in the fourth...
  • Blog Post: Nuclear Solutions, Inc. and Fuel Frontiers, Inc. Successfully Raises Funds to Purchase Land for Coal-to-Diesel Facility

    Nuclear Solutions, Inc. sold three million unregistered shares - By Linton Levy - Nuclear Solutions, Inc. has announced that it has successfully raised funds to purchase an identified parcel of land in Muhlenberg County, Kentucky for the construction of a coal to ultra-clean diesel facility through...
  • Blog Post: AREVA Acquires PN ROTOR

    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...
  • Blog Post: Senate Stimulus Bill Promotes Nuclear Loan-Guarantees

    Language in the bill could potentially be worth $50 billion in loan guarantees for the nuclear-power industry - By Jack Bryar - The Senate economic stimulus bill as passed through the Appropriations Committee earlier this week paves the way for as much as $50 billion in loan guarantees for the...
  • Blog Post: EDF Integration with British Energy Begins

    Combined company will build on unrivalled experience of EDF and British Energy By April Murelio EDF Energy has announced the first steps in its integration with British Energy. It follows the appointment of Vincent de Rivaz as Chief Executive of the new, enlarged organisation by the EDF Group...
  • Blog Post: Exelon CEO: Our Offer Creates The Only Real, Meaningful Value Available To NRG Shareholders

    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...
  • Blog Post: NRG Energy Responds To Exelon’s Unsolicited Exchange Offer

    Takeover attempt remains highly conditional, requiring approval by the stockholders of both companies - By Jack Bryar - NRG Energy, Inc. has responded to the results of Exelon Corporation’s (NYSE: EXC) extended exchange offer and on the feedback it received from its stockholders through its...
  • Blog Post: FERC Gives Exelon Greenlight On NRG Acquisition

    Exelon Receives FERC Approval for Proposed NRG Acquisition, Commission’s unanimous approval considered a major step in completing the regulatory approval process - By Abby Gessner - The Federal Energy Regulatory Commission (FERC) has unanimously approved Exelon Corporation’s application...
  • Blog Post: NRG Energy Reliant Acquisition Update

    Acquisition remains on track to close in the second quarter of this year - By Linton Levy - Reliant Retail Transaction Update: As previously announced on March 2, 2009, NRG entered into a definitive agreement to acquire Reliant Energy, Inc.’s Texas retail business for $287.5 million in cash...
  • Blog Post: AREVA Opens Up Its Capital To New Strategic Partners And Its Employees

    Group Set to Sell Its Transmission and Distribution Activity - By Stephen Heiser - The AREVA group's Supervisory Board met today under the chairmanship of Jean-Cyril Spinetta and finalized the steps to be taken to finance the group's long-term development plan. World leader in the civil...
  • Blog Post: Constellation Energy Appeals Maryland PSC Finding

    Appeal Filed with the Circuit Court for Baltimore City, Citing PSC Pre-Approval Not Required Under Law to Close the Proposed Transaction - By Stephen Heiser - Constellation Energy has said that the company is appealing the Maryland Public Service Commission's (PSC) decision requiring a pre...
  • Blog Post: General Electric Closes Acquisition of Dresser

    “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...
  • Blog Post: NRG Asks Shareholders To Hold Off On Taking Action Regarding Exelon Offer

    NRG Energy, Inc. Urges Stockholders to Take No Action on Revised Unsolicited Proposal from Exelon Corporation - By April Murelio - NRG Energy, Inc. has not received a revised proposal from Exelon Corporation but is aware, through Exelon’s news release and SEC filings, that Exelon has made...
  • Blog Post: AREVA And KHNP Ink Agreement For KHNP To Take Stake In Georges Besse II plant

    South Korean utility is to take a 2.5% stake in the Société d’Enrichissement du Tricastin (SET) - By Linton Levy - Anne Lauvergeon, CEO of AREVA, and Kim Jong Shin, CEO of Korea Hydro and Nuclear Power Co. Ltd. (KHNP) have signed an agreement under which the South Korean utility...
  • Blog Post: NRG Energy Urges Stockholders To Vote For NRG’s Experienced And Highly Qualified Directors

    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...
  • Blog Post: Exelon Details For NRG Shareholders The Value Drivers Of Its Business

    Exelon also urges NRG shareholders to use the BLUE proxy card to vote in favor of proposals - By Abby Gessner - Exelon Corporation, in a letter to shareholders of NRG Energy, Inc. has provided more detail on the true value of Exelon’s offer to acquire NRG. Exelon emphasized that its offer...
  • Blog Post: NRG Sends Open Letter To Shareholders

    NRG Energy, Inc. Sends Letter to NRG Stockholders - Edited by Jack Bryar - NRG Energy, Inc. has filed its preliminary proxy statement and sent the following letter to NRG stockholders regarding Exelon Corporation’s attempt to expand NRG’s Board of Directors from its current 13 directors...