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Areva pulls out of Horizon bidding

Nuclear reactor vendor Areva and its Chinese partner Guangdong Nuclear Power have pulled out of the bidding to own nuclear new build firm Horizon.

A spokesman for Areva confirmed to NCE that the consortium decided not to submit a bid to build nuclear power plants in Wylfa in north Wales and Oldbury in Gloucester when the competition closed last Friday.

Rival nuclear reactor vendor Westinghouse, partnererd with China’s State Nuclear Power Technology Corporation, and a consortium led by Japanese engineering giant Hitachi are believed to be the only firms left bidding for Horizon.

The bidding process has been underway since March when current owners German energy giants RWE and Eon put Horizon up for sale.

Westinghouse revealed last month it is looking for a new multidisciplinary construction team to build the reactors Wylfa in north Wales and Oldbury if it is successful.

 

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