AREVA finalizes sale of Transmission and Distribution activity
June 7, 2010
The AREVA group today finalized the sale of its Transmission and Distribution activities to Alstom and Schneider Electric, in an operation previously approved by antitrust authorities and the French privatization commission, and following an information and consultation process with employee groups.
The decision to sell AREVA’s Transmission and Distribution business was taken by the Supervisory Board on June 30, 2009 as part of the group’s development plan.
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All over the world, AREVA provides its customers with solutions for carbon-free power generation and electricity transmission*. With its knowledge and expertise in these fields, the group has a leading role to play in meeting the world’s energy needs. Ranked first in the global nuclear power industry, AREVA's unique integrated offering covers every stage of the fuel cycle, reactor design and construction, and related services. In addition, the group is developing a portfolio of operations in renewable energies. AREVA is also a world leader in electricity transmission and distribu-tion* and offers its customers a complete range of solutions for greater grid stability and energy efficiency. Sustainable development is a core component of the group’s industrial strategy. Its 79,000 employees work every day to make AREVA a responsible industrial player that is helping to supply ever cleaner, safer and more economical energy to the greatest number of people. * Activity Transmission and Distribution in the process of divestment.
Press Office Patricia Marie Julien Duperray Pauline Briand Fleur Floquet-Daubigeon T: +33 (0) 1 34 96 12 15 F: +33 (0) 1 34 96 16 54.
The decision to sell AREVA’s Transmission and Distribution business was taken by the Supervisory Board on June 30, 2009 as part of the group’s development plan.
More About
All over the world, AREVA provides its customers with solutions for carbon-free power generation and electricity transmission*. With its knowledge and expertise in these fields, the group has a leading role to play in meeting the world’s energy needs. Ranked first in the global nuclear power industry, AREVA's unique integrated offering covers every stage of the fuel cycle, reactor design and construction, and related services. In addition, the group is developing a portfolio of operations in renewable energies. AREVA is also a world leader in electricity transmission and distribu-tion* and offers its customers a complete range of solutions for greater grid stability and energy efficiency. Sustainable development is a core component of the group’s industrial strategy. Its 79,000 employees work every day to make AREVA a responsible industrial player that is helping to supply ever cleaner, safer and more economical energy to the greatest number of people. * Activity Transmission and Distribution in the process of divestment.
Press Office Patricia Marie Julien Duperray Pauline Briand Fleur Floquet-Daubigeon T: +33 (0) 1 34 96 12 15 F: +33 (0) 1 34 96 16 54.
