French nuclear group moves into green power business
David Gow in Brussels
Tuesday January 23, 2007
The Guardian
French energy group Areva, the world’s biggest builder of nuclear power stations, yesterday signalled an expansion drive in renewable energy by offering to buy German wind-turbine maker REpower in a deal valuing it at €850m (£560m).
The French group, which already owns 29.99% of REpower, said it was seeking a majority stake in the German company and could take this as high as (...)