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Finnish firms take on E.ON stake in reactor project

2013-02-15 12:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: A group of Finnish firms has taken on German utility E.ON's 34 percent stake in nuclear consortium Fennovoima, in a bid to keep plans for a new reactor in northern Finland on track. E.ON said in October it was exiting all operations in Finland to raise funds to cut debt, sparking doubts over plans for the proposed reactor in Pyhajoki. Fennovoima said on Friday that Voimaosakeyhtio, a group of some 60 Finnish utilities as well as industrial companies including Outokumpu, Rautaruukki and Talvivaara,...

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