Hitachi near $629 million British nuclear project deal: media

Reuters) - Hitachi Ltd (6501.T), Japan's largest industrial electronics maker, is close to buying British nuclear new-build project Horizon in a deal expected to be worth more than 50 billion yen ($628.46 million), Japanese media said on Saturday.

Horizon, which plans to build 6 gigawatts of nuclear capacity, was put up for sale by its German owners E.ON AG (EONGn.DE) and RWE AG (RWEG.DE) in March, as Germany's decision to pull out of nuclear power hurt the utilities' finances.

"Hitachi has made the best offer and has a good chance to get Horizon," a source inside the consortium familiar with the process told Reuters, speaking on condition of anonymity. Another person with knowledge of the proceedings also said Hitachi was likely to be the winner.

Another newspaper, the Mainichi daily, reported that in addition to building the nuclear units, Hitachi is also expected to win a contract for about 40 years to operate and maintain the reactors.

Continue reading at:  http://www.reuters.com/article/2012/10/27/us-hitachi-horizon-idUSBR...

Views: 68

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

The Draconian Show

Sometimes I talk to my invisible friend, IkeHe comes from another dimension when magnetic fields…See More
22 hours ago
tjdavis posted a blog post
Thursday
Doc Vega posted a blog post
Wednesday
Doc Vega posted blog posts
Tuesday
Doc Vega posted blog posts
Monday
Doc Vega favorited tjdavis's photo
Sunday
Doc Vega commented on tjdavis's photo
Thumbnail

Game Night

"Ha! Good one!"
Sunday
Doc Vega commented on FREEDOMROX's blog post MRNA VACCINES: Question
"Listen man I know where you're at but back in October of 2023 thru December of 2023 for months…"
Sunday
tjdavis posted a video

Architecton | Official Trailer HD | A24

SUBSCRIBE: http://bit.ly/A24subscribeWritten and directed by Victor Kossakovsky and starring Michele De Lucchi. ARCHITECTON – Coming Soon RELEASE DATE: Comin...
Jun 22
tjdavis posted photos
Jun 22
tjdavis posted a blog post
Jun 21
Burbia posted a video

Europe Will Not Survive

The hubris.All things Archaix at www.archaix.com
Jun 21
FREEDOMROX posted a video
Jun 21
Burbia commented on tjdavis's blog post Track AIPAC
Jun 20
rlionhearted_3 commented on Doc Vega's blog post Latest Details on Missile Exchanges Between Iran and Israel
"May get really ugly over there?"
Jun 20
Doc Vega posted a blog post

Latest Details on Missile Exchanges Between Iran and Israel

Latest information about the air attacks between Israel and Iran as the US moves another carrier…See More
Jun 19
tjdavis favorited Less Prone's video
Jun 19
tjdavis posted a blog post
Jun 19
cheeki kea replied to cheeki kea's discussion Tartaria
"Some interesting information has come to light ( from the renaissance period ) which explains that…"
Jun 19
Sandy posted a video
Jun 19

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted