February 27, 2017 2:45 PM ET

Construction and Engineering

Company Overview of AREVA NP Inc.

Company Overview

AREVA NP Inc. designs and builds nuclear steam supply systems and manufactures replacement components for U.S. nuclear utilities. It supplies fuel, maintenance, and modernization services; and provides research and development in the areas of engineering, project management, fuel, equipment, and services for reactor technologies. The company also offers energy solutions including T and D, uranium mining and enrichment, used nuclear fuel storage, and decontamination. The company was formerly known as Framatome ANP, Inc. and changed its name to AREVA NP Inc. in March 2006. The company was founded in 1987 and is based in Charlotte, North Carolina with additional offices and facilities in Richla...

7207 IBM Drive

Charlotte, NC 28262

United States

Founded in 1987

Phone:

704-805-2000

Fax:

704-805-2800

Key Executives for AREVA NP Inc.

Senior Vice President of Federal Group
Chief Counsel and Secretary
Senior Vice President of US Plants Sector
Senior Vice President of Regional Account Management
Vice President of Construction and Procurement
Compensation as of Fiscal Year 2016.

AREVA NP Inc. Key Developments

ROSATOM Eyeing AREVA Units

ROSATOM State Atomic Energy Corporation may acquire a stake in AREVA SA (ENXTPA:AREVA), an executive from ROSATOM indicated. 87% state-owned Areva will be split up, with its reactor building unit AREVA NP Inc. Being sold to Electricite de France SA (ENXTPA:EDF) (EDF) while its nuclear fuel and uranium unit will become a separate company provisionally named Areva NewCo. Areva, EDF and their government shareholder are looking to sell minority stakes to foreign investors in both Areva units. Areva said that third-party investors have made a €500 million offer for a combined 10% stake in NewCo and that talks are under way with China National Nuclear Corporation (CNNC) and Mitsubishi Heavy Industries, Ltd. (TSE:7011) about taking a stake in NewCo. Asked whether ROSATOM would consider buying a stake in Areva, Andrey Rozhdestvin, head of Rosatom Western Europe, said ROSATOM would be willing to consider a stake in AREVA NP as well as Areva NewCo. The official stated that talks are ongoing with Chinese and Japanese potential equity partners, but not with the Russians.

AREVA NP Wins Contract to Modernize Parts of Instrumentation and Control System

AREVA NP has been awarded a contract to modernize parts of the instrumentation and control (I&C) system of the Doel 1 and 2 nuclear reactors operated by the Electrabel. The systems concerned connect the emergency systems building with the plant's I&C. The operator will be able to monitor and control the plant from the protected facility, if the normal control room should not be operable. The scope of the project is worth about EUR 15 million and comprises the installation of twenty new cabinets. Using its proven TELEPERM XS technology, AREVA NP will design the I&C system and manufacture the cabinets at its Erlangen site in Germany where the testing works will take place. Delivery to site, installation and commissioning are scheduled for the outage of unit 2 in 2018 and of unit 1 in 2019.

Areva NP Awards Contract to Supply Enhanced Motor Operation Systems to PSEG

AREVA NP, teaming with Siemens, was awarded a contract for the design, manufacturing, testing, delivery and commissioning of two SINAMICS Perfect Harmony variable frequency drives (VFDs) for PSEG’s Hope Creek Nuclear Generating Station in Salem County, N.J. VFDs manage the frequency and voltage of electric motor recirculating pumps in a nuclear energy facility.

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