EIB TO INVEST IN FRENCH URANIUM ENRICHMENT PROGRAMMES
July 1st, 2008
BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) is planning to lend up to Euro 400 million to France's Société d'Enrichissement du Tricastin (SET) to improve its uranium enrichment plant. This investment would supply almost a third of the Euro 1,227.5 million required for Areva-controlled SET's Georges Besse-II (GB II) programme. It involves the replacement of existing enrichment capacity in Tricastin, in Provence, southern France, with more energy-efficient centrifuge technology. This will be the first phase of plans to build 64 centrifuge cascades in ...
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