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EDF Says No to Stake in Horizon Nuclear Power


Industry Segment: Power | Word Count: 489 Words

GALWAY, IRELAND--April 5, 2012--Researched by Industrial Info Resources Europe (Galway, Ireland)--Electricite de France S.A. (EPA:EDF) (EDF) (Paris, France) has announced that it will not purchase the Horizon Nuclear Power project, which recently was abandoned by RWE AG (OTC:RWEOY) (Essen, Germany) and E.ON AG (OTC:EONGY) (Dusseldorf, Germany). The joint venture originally intended to invest in new plants at Wylfa, Anglesey, and Oldbury, South Gloucestershire, but last week the companies announced they were cancelling the plans for financial reasons.

Other companies featured: Centrica plc (OTC:CPYYY)

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