German energy giant E.on is still considering joining a consortium bid for British Energy, operator of Britain’s nuclear power stations. Despite reports that the company, which owns Powergen, had gone cool on buying a slice of the UK’s nuclear industry, E.on is understood to be continuing discussions with potential bid partners and Whitehall officials.
Telegraph 17th April 2008 more >>
E.on, the German energy giant that owns Powergen, has no plans to submit a bid for nuclear power station operator British Energy, according to reports in Germany.
Times 16th April 2008 more >>
SPANISH energy company Iberdrola said it wants to invest in the UK nuclear industry – but came close to ruling out a bid for British Energy at the current price. The company, which took control of Scottish Power last year, said that it has ambitions to build the next generation of nuclear power plants in the UK. But it is thought that the current price being demanded by Torness Power Station owner British Energy is too high.
Edinburgh Evening News 16th April 2008 more >>
The German power giant RWE has teamed up with Vattenfall, of Sweden, to bid for British Energy. It is understood that the two companies are working together, although RWE would make any offer for the British group alone and then agree a side deal with Vattenfall to sell on certain sites. The move by RWE to team up with a third party is designed to satisfy the Government’s demands that the buyer of the British nuclear operator must ensure there is competition in the market.
Times 17th April 2008 more >>
According to the British Nuclear Decommissioning Authority (NDA), over 30 parties have submitted proposals for 18 nuclear sites in the UK. An industry source said a number of European nuclear operators, such as France’s EDF and Germany’s E.ON would have made a bid for the sites. The British government gave the go-ahead for the construction of further nuclear power stations in January this year.
ClimateChangeCorp 16th April 2008