U.K.'s Nuclear Revival Hit Again

GALWAY, IRELAND--October 10, 2012 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) The U.K.'s attempts to kick-start its old nuclear power industry have hit another stumbling block following the withdrawal of potential investors from a project to build a new nuclear power plant at Wylfa in Wales.

French engineering giant, Areva SA (EPA:CEI) (Paris, France) and its Chinese partner, China Guangdong Nuclear Power Corporation (CGNPC) (Shenzhen), have decided not to bid for Horizon Nuclear Power.