French Company Areva to Build Nuclear Plant in California

World News Update by EQUITIES Magazine

Beverly Hills 12/30/2009 05:09 AM GMT (TransWorldNews)

French nuclear engineering company Areva SA announced today its plans to develop one or two new-generation reactors in California’s Central Valley in a partnership with Fresno Nuclear Energy Group (FNEG).

Areva said FNEG is a group of investors that want to acquire the European Pressurized Reactor (EPR) technology for California. EPR reactors are under construction in France, Finland and China with the certification process underway in the US and Britain.


Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

Sign up for a free one-year subscription to EQUITIES Magazine


News Alerts

Receive alerts for EQUITIES Magazine to your inbox. Sign up for News Alerts

Empty Image

TransWorldNews, Inc. and its affiliate sites disclaim all liability for information and content provided by clients and appearing within their news and press releases.

Empty Image