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Areva Cuts Outlook for Nuclear Plant Projects, CEO Tells Echos

Areva SA cut by 30 percent its outlook for growth in nuclear plant orders through 2030 as Japan’s nuclear disaster dims prospects for atomic projects, Chairman and Chief Executive Officer Luc Oursel told Les Echos.

The nuclear fuel and services supplier still expects new plant installations to increase by about 50 percent in the period, Oursel said in the interview, to be published in tomorrow’s edition of the French newspaper.

To contact the reporter on this story: Stephen Taylor in Paris at staylor8@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net

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