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Electricite de France EU:EDF Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.068 0.83% 8.216 8.18 8.28 8.40 8.062 8.10 6,092,611 16:40:00

Vattenfall Signs Nuclear Fuel Supply Deals With Westinghouse Electric and Framatome

05/05/2022 8:35am

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By Dominic Chopping

 

STOCKHOLM--Swedish state-owned utility group Vattenfall Group AB said Thursday that it has signed agreements with Westinghouse Electric Corp. and Framatome for the long-term supply of nuclear fuel to Vattenfall's nuclear reactors at Forsmark and Ringhals in Sweden.

The agreements with Westinghouse Electric Sweden and Framatome will secure fuel supply to Vattenfall's two nuclear reactors that are in commerical operation at Ringhals and the three reactors at Forsmark from 2024 onwards, it said.

Financial details weren't disclosed.

Vattenfall owns 10 nuclear reactors, five of which are in commercial operation. Seven reactors are located in Sweden and three in Germany. Following the German government's decision to phase out nuclear power, Vattenfall's nuclear assets in Germany will be wound down.

 

Write to Dominic Chopping at dominic.chopping@wsj.com

 

(END) Dow Jones Newswires

May 05, 2022 03:20 ET (07:20 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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