|
|
|
|
National Tree Day Planet Ark Home
|
|
|
||
|
British Energy sells Bruce to Cameco consortium |
||
|
Mail this story to a friend | Printer friendly version
|
||
| UK: December 24, 2002 | ||
|
LONDON - Financially stricken nuclear firm British Energy Plc said yesterday it had agreed to sell its Canadian nuclear power operation Bruce Power to a consortium led by uranium producer Cameco Corp..
|
||
|
British Energy said in a statement the deal would also include its 50 percent stake in Canadian wind farm Huron Wind Ltd Partnership, and the overall sale would bring in a maximum of C$770 million (US$497 million). The buying consortium also includes TransCanada Pipelines and BPC Generation Infrastructure Trust, among others.
|
||
|
REUTERS NEWS SERVICE
|
||
|
