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Janvier 2016 / Reuters

France : EDF, Areva take extra 1 bln eur provision on nuclear waste storage project



Jan 15 2016

French power group EDF and nuclear reactor maker Areva said they would take extra provisions totaling 1.05 billion euros ($1.15 billion) after the government hiked its estimate for the cost of a nuclear waste storage project.

The companies said the energy ministry had on Friday set the cost of the Cigeo project for the long-term management of high-level radioactive waste at 25 billion euros, above the companies' own estimate of 20.8 billion euros.

EDF said on (…)

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