SOURCE: Industrial Info Resources

Industrial Info Resources

January 06, 2010 05:15 ET

Areva and Fresno Nuclear Energy Group to Develop EPR Nuclear Reactors in Central Valley, California, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 6, 2010) - Researched by Industrial Info Resources (Sugar Land, Texas) -- French nuclear power company Areva SA (EPA: CEI) (Paris) has signed a letter of intent with the Fresno Nuclear Energy Group (FNEG) to cooperate in the development of one or two EPR-type nuclear reactors in Central Valley, California. The FNEG was formed by a group of local investors whose mission is "to explore the viability of building a community-owned nuclear power plant." The group hopes that in addition to providing low-cost electricity and reducing the dependence on foreign oil, it can use nuclear power to deliver electricity to power desalination plants to cleanse the groundwater, providing more useable water for agricultural purposes.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at, or browse other breaking industrial news stories at

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to or visit us online at

Contact Information

  • Contact:
    Joe Govreau