Suez Buys Into Georges Besse Ii

摘要

Suez and Areva have signed an agreement giving Suez 5% ownership interest in the holding company for the Georges Besse II (GBII) uranium enrichment plant. The €3 billion 'ultra centrifuge' facility, which is scheduled for startup in 2009, is being built at the Tricastin site in France's Drome department in the Rhone-Alpes region and will be held and operated by Areva subsidiary Societe d'Enrichissement du Tricastin (SET). Suez's Energy Services business line is building the electrical installations, and supplying the fluid management systems, HVAC and process cooling equipment for the new plant. The agreement will also enable Suez to secure a portion of the enriched uranium it requires for its nuclear power reactors.