Tag Archives: investment

300 lenders invest $748 bil. in top nuclear weapon producers: report via Kyodo News

More than 300 financial institutions in the world invested a total of $748 billion in companies involved in the nuclear weapons industry in a two-year period through January, according to a report by an international nongovernmental organization. Of the 325 … Continue reading

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French nuclear company EDF to get cash infusion via DW

The French government has said it will go ahead with a 4-billion-euro share issue for state-controlled electricity firm EDF. The move will help finance the construction of two controversial nuclear reactors in the UK. The French state – which holds … Continue reading

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World Bank says no money for nuclear power via AFP

UNITED NATIONS (United States) — The World Bank and United Nations on Wednesday appealed for billions of dollars to provide electricity for the poorest nations but said there would be no investment in nuclear power. “We don’t do nuclear energy,” … Continue reading

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China in talks to build five new reactors in UK-paper via Reuters

… The French company EDF is also interested in building new reactors in Britain. CNNC would look to use an existing technology tie-up with US-based nuclear engineering group Westinghouse to potentially build three more reactors, the paper said. It would … Continue reading

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Energy companies blame abandonment of nuclear plans on lack of cash via guardian.uk

Huge cost and decades-long payback times of new nuclear power make it difficult to fund during economic crisis, MPs told Investing billions in new nuclear power stations would have forced a credit-rating downgrade on energy giant RWE, the company’s chief … Continue reading

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EON Spends $9 Billion on Renewables as Germany Exits Nuclear via Bloomberg Businessweek

Dec. 15 (Bloomberg) — EON AG, Germany’s biggest utility, will invest 7 billion euros ($9 billion) in renewable energy in the next five years as the country abandons nuclear power. EON plans to build at least three offshore wind projects, … Continue reading

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