Areva credit rating lowered as reactor costs rise at its Finland site
July 1, 2010
admin

Standard & Poor's has lowered the credit of Areva, the French government-owned global nuclear corporation, after new delays and cost over-runs plagued the company's reactor project in Finland. An additional $493 million bill was announced last month along with another six-month delay in the ever-moving projected completion date for Areva's EPR reactor under construction at Olkiluoto, Finland. The reactor is optimistically expected to be operational by the end of 2012.

Article originally appeared on Beyond Nuclear (https://archive.beyondnuclear.org/).
See website for complete article licensing information.