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26 Décembre 2013
December 24, 2013
Toshiba gets 50% stake in UK nuclear consortium
http://www3.nhk.or.jp/nhkworld/english/news/20131224_13.html
A major Japanese electronics firm, Toshiba, has decided to buy a 50 percent stake in a British consortium. The conglomerate plans to construct a nuclear power plant.
Spanish utility Iberdrola made the announcement on Monday. The utility had a 50 percent stake in the British outfit NuGeneration.
Toshiba agreed to buy all of Iberdrola's 50 percent stake in NuGeneration. The deal is worth 85 million pounds, or about 139 million dollars.
The British company plans to construct a 3.6-gigawatt nuclear plant in Sellafield, England, on the coast of the Irish Sea.
Toshiba wants to expand its nuclear construction business overseas due to uncertainty in the domestic market.
Rival Japanese firm Hitachi last year acquired a utility that plans to build up to 6 nuclear reactors in Britain.
Dec. 24, 2013 - Updated 01:43 UTC
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