SOURCE: Industrial Info Resources

Industrial Info Resources

April 28, 2010 23:00 ET

Italy's Enel Moves Ahead in Russian Nuclear Partnership Race, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - April 28, 2010) -  Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) -- Italian energy giant Enel SpA (BIT:ENEL) (Rome) is looking like the frontrunner in the race to become the first foreign firm to own shares in a Russian nuclear power plant. The company has signed a memorandum of understanding with Russia's electricity import-export regulating body Inter RAO UES (Moscow) for cooperation in the nuclear power sector, construction of new plants, technological innovation, energy efficiency, and distribution in Russia and other eastern European countries.

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