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Areva Says It Will Bid With EDF to Build Polish Nuclear Plant

Areva SA (AREVA) Chief Executive Officer Luc Oursel said the nuclear reactor maker will make a joint bid with French power utility Electricite de France SA to build an atomic plant in Poland.

“For the construction of the plant, we’ll bid with EDF,” the CEO of the Paris-based nuclear company said at a senate hearing in the French capital today. “It’s possible that the Polish utility will ask EDF or others to invest in the plant and bring their operational experience.”

PGE SA (PGE), Poland’s largest utility, wants to start a tender within the next two months for a technology provider for a planned nuclear power plant, Chief Financial Officer Wojciech Ostrowski said March 14.

Areva is bidding to provide nuclear reactors in China, India, the U.K., Finland and the Czech Republic, and is currently building plants in France, Finland and China, said Oursel. The company has said it expects use of atomic power to increase, helped by the need to cut reliance on fossil fuels and reduce carbon emissions.

To contact the reporter on this story: Francois de Beaupuy in Paris at fdebeaupuy@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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