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ENGI Engie

15.31
0.095 (0.62%)
Last Updated: 11:19:49
Delayed by 15 minutes
Share Name Share Symbol Market Type
Engie EU:ENGI Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.095 0.62% 15.31 15.31 15.315 15.34 15.19 15.215 1,185,915 11:19:49

Engie's 2 Belgium Nuclear Reactors to Stay Idle Until November

13/05/2015 8:50am

Dow Jones News


Engie (EU:ENGI)
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By Inti Landauro

PARIS--French power utility Engie (GSZ.FR), formerly known as GDF Suez, on Wednesday said the two nuclear reactors halted in Belgium since March 2014 will remain so until Nov. 1.

The two reactors--Doel 3 and Tihange 2--were shut down in the spring by the Belgian authorities following tests on the reactors' pressure vessels that showed "unexpected results" regarding their resistance.

Both reactors had already been shut down in 2012 after micro-cracks were found on their pressure vessels, which enclose the reactors' cores.

Engie said the Belgian regulator will collect more opinions before authorizing Electrabel, the company's Belgian unit, to restart the reactors. The process will take another few months, Engie said, citing estimations from the regulator.

The halting of the two reactors had a negative impact on Engie's bottom line last year.

Write to Inti Landauro at inti.landauro@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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