SOURCE: Industrial Info Resources

November 02, 2009 04:01 ET

Third Nuclear Player Enters U.K. Power Industry, an Industrial Info News Alert

GALWAY, IRELAND--(Marketwire - November 2, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- After losing out on the original auctions for potential nuclear sites in the United Kingdom, a consortium led by GDF Suez (EPA: GSZ) (Paris, France) is back in the race following the £70 million ($115.5 million) purchase of a site near Sellafield in Cumbria. The consortium, comprising GDF Suez, Iberdrola Renovables SA (Valencia, Spain), and Scottish And Southern Energy plc (OTC:SSEZY) (SSE) (Perth, Scotland), has secured an option to purchase land for the development of a new nuclear power station in Sellafield.

Other companies featured: RWE AG (OTC:RWEOY) (Essen, Germany), E.ON AG (OTC:EONGY), Electric ite de France SA (EPA: EDF)

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