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Wikipedia

Areva

Areva S.A. is a French multinational group specializing in nuclear power headquartered in Courbevoie, France.[1] Before its 2016 corporate restructuring, Areva was majority-owned by the French state[2] through the French Alternative Energies and Atomic Energy Commission (54.37%), Banque publique d'investissement (3.32%), and Agence des participations de l'État (28.83%).[3] Électricité de France, of which the French government has a majority ownership stake, owned 2.24%; Kuwait Investment Authority owned 4.82% as the second largest shareholder after the French state.[4]

Areva S.A.
Headquarters in Courbevoie, France
TypeState-owned enterprise
IndustryNuclear industry
PredecessorsFramatome
Cogema
Technicatome
Founded2001; 21 years ago (2001)
SuccessorsFramatome
Orano
Technicatome
Headquarters
Courbevoie, Paris
,
France
Area served
Worldwide
Key people
Philippe Varin (Chairman)
Philippe Knoche (acting CEO)
ProductsNuclear reactors
Nuclear fuel
Uranium
Electric power
ServicesNuclear enrichment
Nuclear material transport
Nuclear reprocessing
OwnerGovernment of France
Number of employees
45,340 (2013)
Subsidiaries
  • Areva NP
  • Areva NC
  • Areva TA
  • Areva Mines
  • Euriware
  • Areva Med
Websitewww.areva.com

As a part of the restructuring program following its insolvency, Areva sold out or discontinued its renewable energy businesses, sold its reactors business subsidiary Areva NP (now Framatome) to EDF and its nuclear propulsion and research reactors subsidiary Areva TA (now Technicatome) to Agence des participations de l'État, and separated its nuclear cycle business into a separate company New Areva (becoming Orano). As a result, Areva S.A. became wholly state-owned by the French government, remaining responsible only for the liabilities related to the Olkiluoto 3 project in Finland and holding a 40% stake in Orano.

History

Creation

 
Former Areva headquarters, rue Lafayette in Paris

Areva was created on 3 April 2001 by the merger of Framatome (later: Areva NP, now: Framatome), Cogema (later: Areva NC, now: Orano Cycle) and Technicatome (later: Areva TA, now: Technicatome). It was based on the structure of its precursor, CEA-Industrie. Anne Lauvergeon became its first CEO.[5]

Jean-Pierre Raffarin, the former Prime Minister of France, announced the privatization of Areva in 2003, but it was postponed several times, the French government opting finally for the privatization of GDF and EDF. At the end of October 2005, French Prime Minister Dominique de Villepin announced that he had suspended the privatization process.

In 2003, Areva secured a contract for the Olkiluoto 3 project, which foresaw construction of the third generation EPR-type pressurised water reactor. In 2004 a contracted fixed price was established as €3.2 billion.[6] Construction started in 2005.[7]

In 2004, Areva acquired Alstom's transmission and distribution activities, which became Areva T&D. It was sold back to Alstom and Schneider Electric in June 2010.[8]

On 15 September 2005, Areva and Constellation Energy of Baltimore announced a joint venture called UniStar Nuclear to market the commercial EPR in the United States.[9] The joint venture later became UniStar Nuclear Energy in 2007. In 2010, EDF acquired 100% of UniStar Nuclear Energy.[10] However these plans failed to come to fruition, and in February 2015 Areva suspended the EPR Design Certification Application Review process at the U.S. Nuclear Regulatory Commission (NRC).[11]

In 2006, Areva created its renewable energies business group.[12] Creusot Forge and Creusot Mécanique merged into the Areva group,[13][14] even though there were quality concerns over Creusot Forge's work.[15] In 2007, Areva purchased 51% of offshore wind turbine manufacturer Multibrid.[16] Multibrid has been a start-up and German offshore wind pioneer, producing wind turbines in Bremerhaven. The innovative M5000 wind turbine has a compact medium speed drive train and carbon rotor blades. The patented air treatment to prevent corrosion was unique. The turbine design been made by aerodyn Energiesysteme GmbH. In 2015 the renewable unit of Areva changed into ADWEN GmbH.

In June 2010, Areva purchased the remaining 49% and formed Areva Wind. In February 2010, Areva bought Ausra, and renamed it Areva Solar.[17][18]

In 2007, Areva purchased UraMin, which later became Areva Resources Southern Africa (now part of Orano).[19]

In 2007, Areva started construction of the Flamanville 3 EPR reactor. In addition, in November 2007 Areva agreed to an €8 billion deal with the China Guangdong Nuclear Power Group to supply them with two EPRs for Taishan Nuclear Power Plant.[20][21] Under the terms of the agreement, Areva also had to help operate the plant, including the reprocessing of spent fuel.[22] Also in 2007, Areva and Mitsubishi Heavy Industries created a joint venture named Atmea to develop a 1,100 MWe Atmea-1 pressurised water reactor (Generation III reactor).[23] In 2009, Siemens sold its remaining shares of Areva NP and Arvea NP became wholly owned by Areva.[24] At the same year, Areva NP acquired 30% stake in the Mitsubishi Nuclear Fuel company.[23]

On 6 May 2008, Areva announced that it would seek all necessary approval to build an enrichment facility in Bonneville County, Idaho.[25] The project was later cancelled. Also in 2008, Areva was awarded an operations contract to clean up the Sellafield nuclear reprocessing site as part of the Nuclear Management Partners consortium, made up of URS, Amec and Areva.[26]

In June 2008, Areva reached an agreement with Kazatomprom to create a joint-venture Katco.[27]

On 4 February 2009, Areva signed a memorandum to supply two to six nuclear reactors to the Nuclear Power Corporation of India Limited for the Jaitapur Nuclear Power Project in the Indian state of Maharashtra.[28][29]

In March 2010, Areva indicated work was being done on a new type of burner reactor type capable of breaking down actinides created as a product of nuclear fission.[30]

In 2011, Areva was listed at the Euronext stock exchange in Paris.

Post-Fukushima problems

In December 2011, Areva suspended building work at several sites in France, Africa and the United States, one day after forecasting a €1.6 billion ($2.1 billion) loss.

Areva halted "capacity extensions" at its La Hague Reprocessing Plant, in northern France, at its Melox factory in the southwest, and at two sites attached to its Tricastin power plant in the south. Work has also stopped on extensions to uranium mines in Bakouma in the Central African Republic, Trekkopje in Namibia, and Ryst Kuil in South Africa,[31] and caused a potential delay in construction until a capital solution is secured for the Eagle Rock Enrichment Facility in the United States.[32] Areva wrote off most of the $2.5 billion purchase cost of Canadian uranium mining company Uramin, purchased in 2007, after concluding that its uranium ore deposits were of negligible value.[33]

In September 2014 Standard & Poor's stated it might downgrade Areva's credit rating following weak first-half results, leading to Areva indicating it would cut capital spending and dispose of some assets.[34] In March 2015 Standard & Poor's further downgraded Areva's credit rating to BB- after Areva posted a €4.8 billion loss for 2014.

In 2012, Areva acquired a hydrogen technology developer Compagnie européenne des technologies de l'hydrogène (CETH) and renamed it Areva H2Gen. At the same year, it inaugurated a hydrogen storage system called the MYRTE platform near Ajaccio, Corsica (MYRTE is the French acronym for Mission Hydrogène Renouvelable pour l’intégration au réseau électrique).[35] The system aims to establish the feasibility of a storage solution for solar energy using hydrogen technologies, which would serve as a back-up system to stabilize Corsica's power grid.[35] In 2014, Areva's energy storage and management system, the Greenergy Box, was added to the existing installation, in operation since early 2013. In January 2014, Areva and Spain's wind turbine manufacturer Gamesa Corporación Tecnológica created on the bases of Areva Wind a joint venture Adwen.[36] In August 2014, Areva exited the solar industry.[37]

In October 2013, Areva won a $2.7 billion contract to supply two EPR nuclear reactors with nuclear steam supply and control systems at the Hinkley Point C plant in Somerset, England.[38][39] It will also provide uranium extraction and enrichment for the fuel fabrication stage.[40]

In December 2013, Areva and China General Nuclear Power (CGN) agreed to a partnership in renewable energy, with a focus on offshore wind, biomass, concentrated solar power, and energy storage.[41]

In October 2014, CEO Luc Oursel took a leave of absence for health reasons.[34] He died in December of the same year.[42] On 20 November 2014 Standard & Poor's downgraded Areva long-term debt to BB+ and short-term-debt to A-3.[43][44]

In May 2014, Areva through its subsidiary CETH2, and the ADEME (French Environment and Energy Management Agency), announced the creation of the AREVA H2-Gen joint venture.[45]

In December 2015 operations at Le Creusot Forge were stopped following a discovery at the Flamanville Nuclear Power Plant.[46][47] About 400 large steel forgings manufactured by Le Creusot Forge since 1965 found to have carbon-content irregularities that weakened the steel. A widespread programme of reactor checks was started involving a progressive programme of reactor shutdowns. This caused power price increases in Europe as France increased electricity imports, especially from Germany, to augment supply.[48][49] In December 2016 international inspectors found evidence of recent doctored paperwork, which had not been detected by Areva's independent quality control checks.[50][51] In April 2017 Autorité de sûreté nucléaire (ASN) published the requirements for forging to resume at Le Creusot Forge.[46][47] In August 2017 ASN published a draft decision requiring the examination of Le Creusot Forge manufacturing records of all components during scheduled reactor refuelling outages.[52]

Restructuring

In June 2016 Areva's restructuring plans were made public, including the sale of the majority of its reactor business to EDF in 2017, excluding the Olkiluoto 3 EPR under construction in Finland which will remain with Areva SA.[53] In December 2017, Areva and EDF signed agreements on the transfer of Areva NP's nuclear reactor operations.[54] As part of the restructuring plan, Areva created a new fuel cycle company, dubbed as New Co or New Areva. The new company combined Areva Mines, Areva NC, Areva Projects, and Areva Business Support companies.[55] It was created as a wholly owned subsidiary of Areva; however, Areva lost control over the company as the French government invested to recapitalize the company. On 23 January 2018 that company changed its name to Orano.[55][56] In January 2017, Areva sold its stake in the wind turbine manufacturer Adwen.[57] In March 2017, Areva sold its nuclear propulsion and research reactor subsidiary Areva TA to Agence des Participations de l'Etat.[58]

Current operations

 
Olkiluoto-3 under construction in 2009

As of 2019, Areva S.A. is responsible only for the liabilities related to the Olkiluoto 3 project. The reactor, which is one of the first of the new Generation III reactors, was initially expected to begin producing electricity in 2009, but the project has been delayed until at least 2023, and it has faced several price increases.[6] Areva and TVO have reached an agreement, according to which Areva would pay €450 million in compensation over the delays and lost income. The agreement would settle all legal actions between the two companies.[59][60]

Areva also holds of 40% stake in Orano.

Past operations

Areva was a company with a presence in each industrial activity linked to nuclear energy: mining, chemistry, enrichment, fuel assembly, reprocessing, engineering, nuclear propulsion and reactors, treatment, recycling, stabilization and dismantling. Areva also offered technological solutions for renewable energy.[61] Areva's activities were divided into five business groups.[62]

Nuclear operations

The mining business group managed the exploration of uranium ore, its extraction, and processing, as well as the restoration of sites after mine closure.[63] It had staff on five continents and operated uranium production sites in Canada, Kazakhstan, and Niger.[64] As of the end of 2013, the Mining Business Group employed 4,463 people.[65] Uranium production accounted for 19% of Areva's consolidated revenue in 2013.[66] It is now part of Orano.

The front end business group provided access to fuel for Areva's customers, and oversees operations to convert uranium into nuclear fuel, including the chemical conversion of ore into uranium hexafluoride, the enrichment of uranium, and the design and production of fuel for nuclear reactors.[67] As of the end of 2013, 8,555 people worked for Areva's front end business group.[68] It accounted for 24% of Areva's consolidated revenue in 2013.[68] It is now part of Orano.

The reactors and services business group designed and built pressurized water reactors and boiling water reactors, and offers products to service nuclear reactors. It is now part of Framatome. The business group also designed and built naval propulsion and research reactors, which is now Technicatome. The business group had 15,592  employees at the end of 2013 and generated 36% of Areva's revenue in the same year.

The back end business group developed recycling solutions for used fuel for reuse in reactors. It also offered storage and transportation solutions for radioactive material, and site rehabilitation at nuclear facilities. It is now part of Orano. At the end of 2013, it had 11,583 employees and made up for 19% of Areva's revenue. In 2017 the NUHOMS Matrix advanced used nuclear fuel storage overpack, a high-density system for storing multiple spent fuel rods in canisters, was launched.[69]

Renewable energy operations

Areva created its global renewable energies business group in 2006 as an expansion of its clean energy portfolio with renewable energy.[12] This group represented four business lines: concentrated solar power, offshore wind power, biomass power, and hydrogen power storage and distribution. Areva built biomass power plants worldwide, representing 2.5 GWe of installed capacity.[70] These plants located in Brazil, Chile, Germany, the Netherlands, India and Thailand.[70][71][72] Its subsidiary Areva Renewables Brazil built biomass power plants based on bagasse (organic waste from sugar cane).[73] In the United States, Areva formed a partnership with Duke Energy to build and operate 55 MW biomass power plants based on wood waste.[74]

Areva acquired a bio-coal production technology called Thermya,[75] which produces a biofuel issued from biomass torrefaction that can replace coal to generate thermal energy and electricity.[76][77] Areva also developed AdCub, a modular concept for compact power plants targeting small-scale biomass resources that addresses relatively untapped growth opportunities in Europe. The objective is to combine innovative solutions which optimize customer costs for small-scale power plants (between 3 and 6 MW) and reduce construction time. This new biomass plant concept also aims to improve upstream technologies for multi-fuel acceptance and higher availability.[76]

Areva designed, manufactured and industrialized turnkey energy storage solutions and products to generate electricity with fuel cells and produce hydrogen by electrolysis. Areva supported research in the hydrogen field through partnerships with a number of industrial companies and national research organizations including Agence Nationale de la Recherche, the Horizon Hydrogen Energy (H2E) program, PAN-H (Plan d'Action National sur l'Hydrogène et les piles à combustible) and Pôle Capenergies, an innovation cluster dedicated to the development of renewable forms of energy without greenhouse gas emissions.[78]

Other operations

Areva was involved in military technology, such as designing the nuclear reactor for the French Barracuda class submarine.[79] One of Areva's subsidiaries, Euriware (founded in 1991) was specialized in consulting and IT services and employs 2,200 people.[80] Areva also owned 1.99% of Safran and 1.4% of Suez Environnement.[81][82]

CERCA, a subsidiary of Areva that produces fuel for research reactors, was also involved in TRIGA, a research reactor established in 1996 with the US firm General Atomics that is used for training, research, and the production of radioisotopes.[83]

Areva was a former corporate member of the Bruegel think tank.[84]

Notable incidents

2007 fine

In January 2007, Areva was fined €53 million by the European Commission for rigging EU electricity markets through a cartel involving 11 companies, including ABB, Alstom, Fuji, Hitachi Japan, AE Power Systems, Mitsubishi Electric Corp, Schneider Electric, Siemens, Toshiba and VA Tech ELIN.[85] According to the commission, "between 1988 and 2004, the companies rigged bids for procurement contracts, fixed prices, allocated projects to each other, shared markets and exchanged commercially important and confidential information."[85]

Areva is not accused of any cartel involvement other than through the acquisition of an Alstom unit in January 2004. "This subsidiary was acquired by the Areva group towards the end of the infringement, in January 2004. The parent entities of the Areva group share a joint liability with that subsidiary for the period after its acquisition."[86] "A few months before the cartel ended, Alstom sold the unit involved to Areva, which knew nothing of the cartel. It [Areva] and Alstom have joint liability for 53.6 million, which they must decide how to split."[87]

EU Competition Commissioner Neelie Kroes declared that "The commission has put an end to a cartel which has cheated public utility companies and consumers for more than 16 years".[88]

Libya deal

On 13 August 2007, the French newspaper Le Parisien alleged that the Franco-Libyan civil nuclear power agreement signed by President Nicolas Sarkozy did not concern desalinization of sea water, as claimed by the French government, but instead focused in particular on selling the EPR to Libya, a contract potentially worth $3 billion.[24] Le Parisien cited Philippe Delaune, deputy to the deputy director of international affairs for the CEA atomic agency, which is the main share-holder in Areva.[24] Following allegations that the deal had been related to the release of the Bulgarian nurses, the French Socialist Party, through the spokesperson Jean-Louis Bianco, declared that this deal was "geopolitically irresponsible".[24] The German government also denounced the agreement.[24]

Bakouma assault

On 24 June 2012, an armed group assaulted a uranium plant operated by Areva at Bakouma in the southeast of the Central African Republic. A statement by the military described that "a violent clash on Sunday afternoon pitted" Central African troops against "an unidentified group of armed men attempting to launch an assault on the site of mining company Areva".

According to the report the army successfully repelled the attack, but "the enemy did some material damage and pulled back while taking a sizeable quantity mainly of food with them." The Areva group issued no immediate statement regarding the attack. Central African military sources believe that the attack was organized by members of the Chadian rebel group Popular Front for Recovery (FPR) led by 'General' Baba Ladde, which has been active in the region since 2008. The army says it is conducting further operations to neutralize the remaining armed rebels in the region of Bakouma.[89][90]

Attack in Niger

In May 2013, the company's uranium mine in Niger was damaged and one civilian was killed in an Al-Qaeda-linked suicide bomb attack.[91] The mine reached full production again in August 2013.[92][93]

Tuareg people

In November 2009, Greenpeace released a report indicating that two villages near Areva's mining operations in Niger had dangerously high levels of radiation.[94][95]

In January 2014, Al Jazeera produced Orphans of the Sahara, three-part series on the Tuareg people of the Sahara desert, in which claims were brought to light that Areva mining and consequent irradiations are causing diseases and deaths among their people.[96]

Al Jazeera also published Areva's response, in which the company said it submits regular reports on its environmental monitoring of water, air and soil to the Nigerien Office of Environmental Assessments and Impact Studies (BEEEI) which indicate that there is no pollution around the sites in question.[97]

Corporate issues

Name etymology

The name Areva was derived from the name of the Cistercian Abbey of Arévalo.

Sport sponsorship

Areva sponsored several sporting events over the years. In 2009, Areva launched Athlenergy.com, an online resource for runners,[98] and became the sponsor of the French Athletics Federation[99] and the official sponsor of Meeting Areva, a track and field competition held annually at the Stade de France in Saint-Denis, France.[100] In May 2014, Athlenergy.com became . Areva also sponsors several running events, including the Paris Half Marathon[101] and Saintélyon, a night run from Sainte Etienne to Lyon, in France.[102]

In 2008, Areva signed a contract to sponsor the German football club FC Nürnberg until 2012.[103] The contract was completed in 2012.[104]

Areva sponsored the French "Defi Areva" team in the 2002 America's Cup race, and the French "Areva Challenge" team in the 2007 America's Cup race. In 2002, during its first public appearance, in Lorient, France, the "Defi Areva" yacht collided with a dinghy carrying four Greenpeace protesters, and the impact knocked a hole in the side of the 80-foot boat.[105][106]

See also

References

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  97. ^ Orphans of the Sahara channel (23 January 2014). "Uranium mining in Niger: AREVA responds". aljazeera.com. Al Jazeera.
  98. ^ "Athlenergy.com: The New Website for Track & Field and Running Enthusiasts". Areva. Retrieved 24 June 2014.
  99. ^ "Areva Renews Its Partnership with the French Athletics Federation". Areva. Retrieved 24 June 2014.
  100. ^ "DiamondLeague-Paris.com: The Website for Meeting Areva". Meeting Areva. Retrieved 26 June 2014.
  101. ^ . Paris Half Marathon. Archived from the original on 5 June 2014. Retrieved 26 June 2014.
  102. ^ . Saintélyon. Archived from the original on 13 September 2013. Retrieved 26 June 2014.
  103. ^ "Areva extends with 1. FC Nürnberg but shrinks package". SportsProMedia.com. 7 August 2012.
  104. ^ "Areva powers down FC Nurnberg backing". Soccerex.com. 9 August 2012. Archived from the original on 26 June 2014.
  105. ^ "French America's Cup yacht struck by Greenpeace protesters". The Guardian. 20 May 2002.
  106. ^ "French America's Cup yacht holed in Greenpeace protest". The Telegraph. 19 May 2002.

External links

  •   Media related to Areva at Wikimedia Commons
  • Official website
  • "Framatome SA History". International Directory of Company Histories. FundingUniverse. 1998.

areva, this, article, about, nuclear, technology, company, genus, moths, moth, french, multinational, group, specializing, nuclear, power, headquartered, courbevoie, france, before, 2016, corporate, restructuring, majority, owned, french, state, through, frenc. This article is about a nuclear technology company For the genus of moths see Areva moth Areva S A is a French multinational group specializing in nuclear power headquartered in Courbevoie France 1 Before its 2016 corporate restructuring Areva was majority owned by the French state 2 through the French Alternative Energies and Atomic Energy Commission 54 37 Banque publique d investissement 3 32 and Agence des participations de l Etat 28 83 3 Electricite de France of which the French government has a majority ownership stake owned 2 24 Kuwait Investment Authority owned 4 82 as the second largest shareholder after the French state 4 Areva S A Headquarters in Courbevoie FranceTypeState owned enterpriseIndustryNuclear industryPredecessorsFramatomeCogemaTechnicatomeFounded2001 21 years ago 2001 SuccessorsFramatomeOranoTechnicatomeHeadquartersCourbevoie Paris FranceArea servedWorldwideKey peoplePhilippe Varin Chairman Philippe Knoche acting CEO ProductsNuclear reactorsNuclear fuelUraniumElectric powerServicesNuclear enrichmentNuclear material transportNuclear reprocessingOwnerGovernment of FranceNumber of employees45 340 2013 SubsidiariesAreva NPAreva NCAreva TAAreva MinesEuriwareAreva MedWebsitewww wbr areva wbr comAs a part of the restructuring program following its insolvency Areva sold out or discontinued its renewable energy businesses sold its reactors business subsidiary Areva NP now Framatome to EDF and its nuclear propulsion and research reactors subsidiary Areva TA now Technicatome to Agence des participations de l Etat and separated its nuclear cycle business into a separate company New Areva becoming Orano As a result Areva S A became wholly state owned by the French government remaining responsible only for the liabilities related to the Olkiluoto 3 project in Finland and holding a 40 stake in Orano Contents 1 History 1 1 Creation 1 2 Post Fukushima problems 1 3 Restructuring 2 Current operations 3 Past operations 3 1 Nuclear operations 3 2 Renewable energy operations 3 3 Other operations 4 Notable incidents 4 1 2007 fine 4 2 Libya deal 4 3 Bakouma assault 4 4 Attack in Niger 4 5 Tuareg people 5 Corporate issues 5 1 Name etymology 5 2 Sport sponsorship 6 See also 7 References 8 External linksHistory EditSee also Framatome Creation Edit Former Areva headquarters rue Lafayette in Paris Areva was created on 3 April 2001 by the merger of Framatome later Areva NP now Framatome Cogema later Areva NC now Orano Cycle and Technicatome later Areva TA now Technicatome It was based on the structure of its precursor CEA Industrie Anne Lauvergeon became its first CEO 5 Jean Pierre Raffarin the former Prime Minister of France announced the privatization of Areva in 2003 but it was postponed several times the French government opting finally for the privatization of GDF and EDF At the end of October 2005 French Prime Minister Dominique de Villepin announced that he had suspended the privatization process In 2003 Areva secured a contract for the Olkiluoto 3 project which foresaw construction of the third generation EPR type pressurised water reactor In 2004 a contracted fixed price was established as 3 2 billion 6 Construction started in 2005 7 In 2004 Areva acquired Alstom s transmission and distribution activities which became Areva T amp D It was sold back to Alstom and Schneider Electric in June 2010 8 On 15 September 2005 Areva and Constellation Energy of Baltimore announced a joint venture called UniStar Nuclear to market the commercial EPR in the United States 9 The joint venture later became UniStar Nuclear Energy in 2007 In 2010 EDF acquired 100 of UniStar Nuclear Energy 10 However these plans failed to come to fruition and in February 2015 Areva suspended the EPR Design Certification Application Review process at the U S Nuclear Regulatory Commission NRC 11 In 2006 Areva created its renewable energies business group 12 Creusot Forge and Creusot Mecanique merged into the Areva group 13 14 even though there were quality concerns over Creusot Forge s work 15 In 2007 Areva purchased 51 of offshore wind turbine manufacturer Multibrid 16 Multibrid has been a start up and German offshore wind pioneer producing wind turbines in Bremerhaven The innovative M5000 wind turbine has a compact medium speed drive train and carbon rotor blades The patented air treatment to prevent corrosion was unique The turbine design been made by aerodyn Energiesysteme GmbH In 2015 the renewable unit of Areva changed into ADWEN GmbH In June 2010 Areva purchased the remaining 49 and formed Areva Wind In February 2010 Areva bought Ausra and renamed it Areva Solar 17 18 In 2007 Areva purchased UraMin which later became Areva Resources Southern Africa now part of Orano 19 In 2007 Areva started construction of the Flamanville 3 EPR reactor In addition in November 2007 Areva agreed to an 8 billion deal with the China Guangdong Nuclear Power Group to supply them with two EPRs for Taishan Nuclear Power Plant 20 21 Under the terms of the agreement Areva also had to help operate the plant including the reprocessing of spent fuel 22 Also in 2007 Areva and Mitsubishi Heavy Industries created a joint venture named Atmea to develop a 1 100 MWe Atmea 1 pressurised water reactor Generation III reactor 23 In 2009 Siemens sold its remaining shares of Areva NP and Arvea NP became wholly owned by Areva 24 At the same year Areva NP acquired 30 stake in the Mitsubishi Nuclear Fuel company 23 On 6 May 2008 Areva announced that it would seek all necessary approval to build an enrichment facility in Bonneville County Idaho 25 The project was later cancelled Also in 2008 Areva was awarded an operations contract to clean up the Sellafield nuclear reprocessing site as part of the Nuclear Management Partners consortium made up of URS Amec and Areva 26 In June 2008 Areva reached an agreement with Kazatomprom to create a joint venture Katco 27 On 4 February 2009 Areva signed a memorandum to supply two to six nuclear reactors to the Nuclear Power Corporation of India Limited for the Jaitapur Nuclear Power Project in the Indian state of Maharashtra 28 29 In March 2010 Areva indicated work was being done on a new type of burner reactor type capable of breaking down actinides created as a product of nuclear fission 30 In 2011 Areva was listed at the Euronext stock exchange in Paris Post Fukushima problems Edit In December 2011 Areva suspended building work at several sites in France Africa and the United States one day after forecasting a 1 6 billion 2 1 billion loss Areva halted capacity extensions at its La Hague Reprocessing Plant in northern France at its Melox factory in the southwest and at two sites attached to its Tricastin power plant in the south Work has also stopped on extensions to uranium mines in Bakouma in the Central African Republic Trekkopje in Namibia and Ryst Kuil in South Africa 31 and caused a potential delay in construction until a capital solution is secured for the Eagle Rock Enrichment Facility in the United States 32 Areva wrote off most of the 2 5 billion purchase cost of Canadian uranium mining company Uramin purchased in 2007 after concluding that its uranium ore deposits were of negligible value 33 In September 2014 Standard amp Poor s stated it might downgrade Areva s credit rating following weak first half results leading to Areva indicating it would cut capital spending and dispose of some assets 34 In March 2015 Standard amp Poor s further downgraded Areva s credit rating to BB after Areva posted a 4 8 billion loss for 2014 In 2012 Areva acquired a hydrogen technology developer Compagnie europeenne des technologies de l hydrogene CETH and renamed it Areva H2Gen At the same year it inaugurated a hydrogen storage system called the MYRTE platform near Ajaccio Corsica MYRTE is the French acronym for Mission Hydrogene Renouvelable pour l integration au reseau electrique 35 The system aims to establish the feasibility of a storage solution for solar energy using hydrogen technologies which would serve as a back up system to stabilize Corsica s power grid 35 In 2014 Areva s energy storage and management system the Greenergy Box was added to the existing installation in operation since early 2013 In January 2014 Areva and Spain s wind turbine manufacturer Gamesa Corporacion Tecnologica created on the bases of Areva Wind a joint venture Adwen 36 In August 2014 Areva exited the solar industry 37 In October 2013 Areva won a 2 7 billion contract to supply two EPR nuclear reactors with nuclear steam supply and control systems at the Hinkley Point C plant in Somerset England 38 39 It will also provide uranium extraction and enrichment for the fuel fabrication stage 40 In December 2013 Areva and China General Nuclear Power CGN agreed to a partnership in renewable energy with a focus on offshore wind biomass concentrated solar power and energy storage 41 In October 2014 CEO Luc Oursel took a leave of absence for health reasons 34 He died in December of the same year 42 On 20 November 2014 Standard amp Poor s downgraded Areva long term debt to BB and short term debt to A 3 43 44 In May 2014 Areva through its subsidiary CETH2 and the ADEME French Environment and Energy Management Agency announced the creation of the AREVA H2 Gen joint venture 45 In December 2015 operations at Le Creusot Forge were stopped following a discovery at the Flamanville Nuclear Power Plant 46 47 About 400 large steel forgings manufactured by Le Creusot Forge since 1965 found to have carbon content irregularities that weakened the steel A widespread programme of reactor checks was started involving a progressive programme of reactor shutdowns This caused power price increases in Europe as France increased electricity imports especially from Germany to augment supply 48 49 In December 2016 international inspectors found evidence of recent doctored paperwork which had not been detected by Areva s independent quality control checks 50 51 In April 2017 Autorite de surete nucleaire ASN published the requirements for forging to resume at Le Creusot Forge 46 47 In August 2017 ASN published a draft decision requiring the examination of Le Creusot Forge manufacturing records of all components during scheduled reactor refuelling outages 52 Restructuring Edit In June 2016 Areva s restructuring plans were made public including the sale of the majority of its reactor business to EDF in 2017 excluding the Olkiluoto 3 EPR under construction in Finland which will remain with Areva SA 53 In December 2017 Areva and EDF signed agreements on the transfer of Areva NP s nuclear reactor operations 54 As part of the restructuring plan Areva created a new fuel cycle company dubbed as New Co or New Areva The new company combined Areva Mines Areva NC Areva Projects and Areva Business Support companies 55 It was created as a wholly owned subsidiary of Areva however Areva lost control over the company as the French government invested to recapitalize the company On 23 January 2018 that company changed its name to Orano 55 56 In January 2017 Areva sold its stake in the wind turbine manufacturer Adwen 57 In March 2017 Areva sold its nuclear propulsion and research reactor subsidiary Areva TA to Agence des Participations de l Etat 58 Current operations Edit Olkiluoto 3 under construction in 2009 As of 2019 update Areva S A is responsible only for the liabilities related to the Olkiluoto 3 project The reactor which is one of the first of the new Generation III reactors was initially expected to begin producing electricity in 2009 but the project has been delayed until at least 2023 and it has faced several price increases 6 Areva and TVO have reached an agreement according to which Areva would pay 450 million in compensation over the delays and lost income The agreement would settle all legal actions between the two companies 59 60 Areva also holds of 40 stake in Orano Past operations EditAreva was a company with a presence in each industrial activity linked to nuclear energy mining chemistry enrichment fuel assembly reprocessing engineering nuclear propulsion and reactors treatment recycling stabilization and dismantling Areva also offered technological solutions for renewable energy 61 Areva s activities were divided into five business groups 62 Nuclear operations Edit The mining business group managed the exploration of uranium ore its extraction and processing as well as the restoration of sites after mine closure 63 It had staff on five continents and operated uranium production sites in Canada Kazakhstan and Niger 64 As of the end of 2013 the Mining Business Group employed 4 463 people 65 Uranium production accounted for 19 of Areva s consolidated revenue in 2013 66 It is now part of Orano The front end business group provided access to fuel for Areva s customers and oversees operations to convert uranium into nuclear fuel including the chemical conversion of ore into uranium hexafluoride the enrichment of uranium and the design and production of fuel for nuclear reactors 67 As of the end of 2013 8 555 people worked for Areva s front end business group 68 It accounted for 24 of Areva s consolidated revenue in 2013 68 It is now part of Orano The reactors and services business group designed and built pressurized water reactors and boiling water reactors and offers products to service nuclear reactors It is now part of Framatome The business group also designed and built naval propulsion and research reactors which is now Technicatome The business group had 15 592 employees at the end of 2013 and generated 36 of Areva s revenue in the same year The back end business group developed recycling solutions for used fuel for reuse in reactors It also offered storage and transportation solutions for radioactive material and site rehabilitation at nuclear facilities It is now part of Orano At the end of 2013 it had 11 583 employees and made up for 19 of Areva s revenue In 2017 the NUHOMS Matrix advanced used nuclear fuel storage overpack a high density system for storing multiple spent fuel rods in canisters was launched 69 Renewable energy operations Edit Areva created its global renewable energies business group in 2006 as an expansion of its clean energy portfolio with renewable energy 12 This group represented four business lines concentrated solar power offshore wind power biomass power and hydrogen power storage and distribution Areva built biomass power plants worldwide representing 2 5 GWe of installed capacity 70 These plants located in Brazil Chile Germany the Netherlands India and Thailand 70 71 72 Its subsidiary Areva Renewables Brazil built biomass power plants based on bagasse organic waste from sugar cane 73 In the United States Areva formed a partnership with Duke Energy to build and operate 55 MW biomass power plants based on wood waste 74 Areva acquired a bio coal production technology called Thermya 75 which produces a biofuel issued from biomass torrefaction that can replace coal to generate thermal energy and electricity 76 77 Areva also developed AdCub a modular concept for compact power plants targeting small scale biomass resources that addresses relatively untapped growth opportunities in Europe The objective is to combine innovative solutions which optimize customer costs for small scale power plants between 3 and 6 MW and reduce construction time This new biomass plant concept also aims to improve upstream technologies for multi fuel acceptance and higher availability 76 Areva designed manufactured and industrialized turnkey energy storage solutions and products to generate electricity with fuel cells and produce hydrogen by electrolysis Areva supported research in the hydrogen field through partnerships with a number of industrial companies and national research organizations including Agence Nationale de la Recherche the Horizon Hydrogen Energy H2E program PAN H Plan d Action National sur l Hydrogene et les piles a combustible and Pole Capenergies an innovation cluster dedicated to the development of renewable forms of energy without greenhouse gas emissions 78 Other operations Edit Areva was involved in military technology such as designing the nuclear reactor for the French Barracuda class submarine 79 One of Areva s subsidiaries Euriware founded in 1991 was specialized in consulting and IT services and employs 2 200 people 80 Areva also owned 1 99 of Safran and 1 4 of Suez Environnement 81 82 CERCA a subsidiary of Areva that produces fuel for research reactors was also involved in TRIGA a research reactor established in 1996 with the US firm General Atomics that is used for training research and the production of radioisotopes 83 Areva was a former corporate member of the Bruegel think tank 84 Notable incidents Edit2007 fine Edit In January 2007 Areva was fined 53 million by the European Commission for rigging EU electricity markets through a cartel involving 11 companies including ABB Alstom Fuji Hitachi Japan AE Power Systems Mitsubishi Electric Corp Schneider Electric Siemens Toshiba and VA Tech ELIN 85 According to the commission between 1988 and 2004 the companies rigged bids for procurement contracts fixed prices allocated projects to each other shared markets and exchanged commercially important and confidential information 85 Areva is not accused of any cartel involvement other than through the acquisition of an Alstom unit in January 2004 This subsidiary was acquired by the Areva group towards the end of the infringement in January 2004 The parent entities of the Areva group share a joint liability with that subsidiary for the period after its acquisition 86 A few months before the cartel ended Alstom sold the unit involved to Areva which knew nothing of the cartel It Areva and Alstom have joint liability for 53 6 million which they must decide how to split 87 EU Competition Commissioner Neelie Kroes declared that The commission has put an end to a cartel which has cheated public utility companies and consumers for more than 16 years 88 Libya deal Edit On 13 August 2007 the French newspaper Le Parisien alleged that the Franco Libyan civil nuclear power agreement signed by President Nicolas Sarkozy did not concern desalinization of sea water as claimed by the French government but instead focused in particular on selling the EPR to Libya a contract potentially worth 3 billion 24 Le Parisien cited Philippe Delaune deputy to the deputy director of international affairs for the CEA atomic agency which is the main share holder in Areva 24 Following allegations that the deal had been related to the release of the Bulgarian nurses the French Socialist Party through the spokesperson Jean Louis Bianco declared that this deal was geopolitically irresponsible 24 The German government also denounced the agreement 24 Bakouma assault Edit On 24 June 2012 an armed group assaulted a uranium plant operated by Areva at Bakouma in the southeast of the Central African Republic A statement by the military described that a violent clash on Sunday afternoon pitted Central African troops against an unidentified group of armed men attempting to launch an assault on the site of mining company Areva According to the report the army successfully repelled the attack but the enemy did some material damage and pulled back while taking a sizeable quantity mainly of food with them The Areva group issued no immediate statement regarding the attack Central African military sources believe that the attack was organized by members of the Chadian rebel group Popular Front for Recovery FPR led by General Baba Ladde which has been active in the region since 2008 The army says it is conducting further operations to neutralize the remaining armed rebels in the region of Bakouma 89 90 Attack in Niger Edit In May 2013 the company s uranium mine in Niger was damaged and one civilian was killed in an Al Qaeda linked suicide bomb attack 91 The mine reached full production again in August 2013 92 93 Tuareg people Edit In November 2009 Greenpeace released a report indicating that two villages near Areva s mining operations in Niger had dangerously high levels of radiation 94 95 In January 2014 Al Jazeera produced Orphans of the Sahara three part series on the Tuareg people of the Sahara desert in which claims were brought to light that Areva mining and consequent irradiations are causing diseases and deaths among their people 96 Al Jazeera also published Areva s response in which the company said it submits regular reports on its environmental monitoring of water air and soil to the Nigerien Office of Environmental Assessments and Impact Studies BEEEI which indicate that there is no pollution around the sites in question 97 Corporate issues EditName etymology Edit The name Areva was derived from the name of the Cistercian Abbey of Arevalo Sport sponsorship Edit Areva sponsored several sporting events over the years In 2009 Areva launched Athlenergy com an online resource for runners 98 and became the sponsor of the French Athletics Federation 99 and the official sponsor of Meeting Areva a track and field competition held annually at the Stade de France in Saint Denis France 100 In May 2014 Athlenergy com became Arevarun Areva also sponsors several running events including the Paris Half Marathon 101 and Saintelyon a night run from Sainte Etienne to Lyon in France 102 In 2008 Areva signed a contract to sponsor the German football club FC Nurnberg until 2012 103 The contract was completed in 2012 104 Areva sponsored the French Defi Areva team in the 2002 America s Cup race and the French Areva Challenge team in the 2007 America s Cup race In 2002 during its first public appearance in Lorient France the Defi Areva yacht collided with a dinghy carrying four Greenpeace protesters and the impact knocked a hole in the side of the 80 foot boat 105 106 See also Edit France portal Companies portal Energy portal Nuclear technology portalCalvert Cliffs Nuclear Power Plant European Atomic Energy Community Groupe INTRA Kazatomprom Nine Mile Point Nuclear Generating Station Nuclear Power 2010 Program World Nuclear Industry Status ReportReferences Edit Legal Notice Areva Retrieved 21 June 2010 Carol Matlack Areva is costing France plenty Bloomberg Businessweek 17 April 2015 Les participations publiques in French Agence des participations de l Etat 30 April 2015 Retrieved 21 February 2016 2014 Reference document PDF Areva 30 March 2015 Retrieved 21 February 2016 Stock Ownership Profile Areva Retrieved 22 May 2014 a b Jolly David 11 February 2013 Finnish Nuclear Plant Won t Open Until 2016 The New York Times Retrieved 22 May 2014 Kanter James 28 May 2009 In Finland Nuclear Renaissance Runs into Trouble The New York Times Will split Areva T amp D into two separate entities Alstom MoneyControl com 3 June 2014 EPR Constellation Energy and Areva Join Forces to Introduce New and Unique Business Model for the Future of American Nuclear Power Areva Retrieved 25 June 2014 Constellation EDF UniStar nuclear timeline Reuters Retrieved 25 June 2014 US EPR plans suspended World Nuclear News 6 March 2015 Retrieved 21 April 2015 a b Renewable Energy Expected Growth Areva Retrieved 22 May 2014 Janet Wood Caroline Peachey 21 March 2017 Nuclear cracks are beginning to show Nuclear Engineering International Retrieved 28 March 2017 Creusot Forge and Creusot Mecanique the production of large forged parts History Areva Retrieved 3 March 2017 ASN warned about Creusot Forge over 10 years ago Nuclear Engineering International 6 April 2017 Retrieved 10 April 2017 Wind power Areva acquires a 51 stake in Multibrid Areva Retrieved 25 January 2009 permanent dead link Wald Matthew L 8 February 2010 Nuclear Power Giant Buys Solar Firm The New York Times French Nuclear Giant Buys Calif Solar Startup The New York Times 9 February 2010 Paris Alison Birrane and Jeff Sparshott in London and Alice Dore in 16 June 2007 Areva to Buy UraMin for 2 5 Billion The Wall Street Journal ISSN 0099 9660 Retrieved 27 October 2021 Clark Nicola Lague David 26 November 2007 European companies sign deals to supply China with airplanes and nuclear power The New York Times Areva Airbus Lead 30 Billion Haul in China Visit Bloomberg Archived from the original on 27 June 2014 Retrieved 25 June 2014 John Tagliabue The New York Times 27 November 2007 China Deal Gives Lift to Revival of Fission a b Areva NP becomes Framatome and Atmea is reorganised Nuclear Engineering International 8 January 2018 a b c d e Marc Lomazzi Le Parisien 13 August 2007 Nucleaire les dessous de l accord entre la France et la Libye in French Areva selects enrichment site World Nuclear News 8 May 2008 Nuclear Management Partners Wins Extension to Clean up Sellafield The Financial Times Retrieved 24 June 2014 Areva and Kazakhstan Sign a Strategic Agreement in the Front End of the Nuclear Cycle areva com 11 June 2008 We are partners over the long haul The Hindu 25 November 2010 Areva wins India nuclear deal worth at least 10 bln Reuters 4 February 2009 Robin Pagnamenta The Times 22 March 2010 Areva develops new nuclear reactors that destroy atomic waste The Australian French nuke giant Areva suspends investment in sites AFP 14 December 2011 Areva Continues Eagle Rock Commitment 13 December 2011 Archived from the original on 23 January 2012 Retrieved 31 December 2011 Carol Matlack 16 April 2015 Areva Is Costing France Plenty Bloomberg Retrieved 21 April 2015 a b Michael Stothard 18 November 2014 EDF in fresh delay for flagship nuclear plant Financial Times Retrieved 21 November 2014 a b Areva unveils hydrogen storage system Engineering News Retrieved 11 June 2014 Wind turbine firms Gamesa and Areva in joint venture BBC News BBC 20 January 2014 AREVA Exits CSP after net loss in first half 2014 CSP Today 1 August 2014 Two EPR Reactor s at EDF s Hinkley Point Areva Archived from the original on 5 July 2014 Retrieved 24 June 2014 Areva Secures U K Reactor Order Worth More Than 2 7 Billion Bloomberg Retrieved 24 June 2014 Framatome Large projects Hinkley Point C www framatome com Retrieved 7 April 2022 The part of the project concerning preliminary fuel fabrication activities including the extraction of uranium its conversion and enrichment will be conducted by AREVA Areva signs energy partnership agreements in China Reuters 9 December 2013 Retrieved 25 June 2014 Landauro Inti Areva CEO Luc Oursel Dies The Wall Street Journal Retrieved 5 December 2014 European Factors to Watch Indexes to edge higher focus on ECB speeches Reuters 20 November 2014 Retrieved 23 November 2014 Areva cut to junk by S amp P Financial Times 20 November 2014 Retrieved 25 November 2014 AREVA Hydrogen Production Creation of a Global Leader in PEM Electrolysis Reuters Archived from the original on 11 June 2014 Retrieved 11 June 2014 a b ASN sets conditions for Creusot Forge restart World Nuclear News 18 April 2017 Retrieved 21 April 2017 a b French regulator lists conditions for operation of Le Creusot Forge Nuclear Engineering International 20 April 2017 Retrieved 21 April 2017 Andrew Ward 28 October 2016 French nuclear outages threaten higher UK power bills Financial Times Retrieved 2 November 2016 John Large 26 September 2016 Irregularities and Anomalies Relating to the Forged Components of Le Creusot Forge PDF Large Associates Report Greenpeace France Retrieved 27 October 2016 Matthew Dalton Inti Landauro Rebecca Smith 13 December 2016 Coverup at French Nuclear Supplier Sparks Global Review Wall Street Journal Retrieved 15 December 2016 Vaughan Adam 24 March 2017 Inspectors find safety irregularities at Creusot nuclear forge in France The Guardian Retrieved 24 March 2017 EDF ordered to check component records World Nuclear News 17 August 2017 Retrieved 18 August 2017 Areva outlines restructuring plan World Nuclear News 15 June 2016 Retrieved 25 June 2016 Binding agreements signed for sale of New NP World Nuclear News 27 December 2017 a b New Areva changes name to Orano World Nuclear News 23 January 2018 De Clercq Geert 23 January 2018 Areva to be renamed Orano Les Echos Reuters Retrieved 12 February 2018 Weston David 6 January 2017 Areva completes Adwen sale Wind Power Monthly AREVA a finalise la cession d Areva TA Areva has finalized the sale of Areva TA capital fr in French 30 March 2017 Le Monde Areva to pay hundreds of millions in compensation for delayed OL3 Nuclear Power Plant in Finland Metropolitan fi 10 March 2018 Retrieved 12 March 2018 TVO confirms a settlement agreement signed on OL3 EPR project completion and related disputes TVO 11 March 2018 Retrieved 12 March 2018 The Renewable Energies Business Group at a Glance Areva Retrieved 22 May 2014 Areva s Operations Areva Retrieved 22 May 2014 The Mining Business Group at a Glance Areva Retrieved 23 June 2014 Mining Business Group Worldwide Areva Retrieved 23 June 2014 2013 Reference Document PDF Areva Retrieved 23 June 2014 Mining Business Group Areva Retrieved 22 May 2014 The Front End Business Group at a Glance Areva Retrieved 23 June 2014 a b The Front End Business Group Areva Retrieved 22 May 2014 Areva s space saving solution for used fuel storage World Nuclear News 29 September 2017 Retrieved 29 September 2017 a b Bioenergy Naturally Renewable Areva Retrieved 9 June 2014 A Sustainable Future Areva Retrieved 9 June 2014 Biomass AREVA Delivers Power Plant to Eneco The Wall Street Journal Retrieved 11 June 2014 Areva Renewables in Brazil Brazilian Bioenergy Specialist Areva Retrieved 9 June 2014 ADAGE Energy Northwest to Pursue Development of Biomass Plants Bloomberg Archived from the original on 27 June 2014 Retrieved 11 June 2014 Areva Buys Biocoal Technology Biomass Magazine Retrieved 11 June 2014 a b Bioenergy Technology Innovation in Action Areva Retrieved 9 June 2014 2012 Annual Report Forward Looking Energy PDF Areva Archived from the original PDF on 22 May 2014 Retrieved 9 June 2014 AREVA Energy Storage Areva Retrieved 9 June 2014 France s Future SSNs The Barracuda Class Defense Industry Daily Retrieved 13 June 2014 EURIWARE Who We Are AEURIWARE Retrieved 9 June 2014 Areva Worldwide Presence Areva Retrieved 9 June 2014 Areva Finalizes the Disposal of its Stake in Eramet Areva Retrieved 9 June 2014 CERCA fuel production for research reactors Areva Retrieved 9 June 2014 Membership Bruegel Retrieved 9 June 2014 a b EU cracks down on electricity gear cartel Archived 3 March 2016 at the Wayback Machine EurActiv 25 January 2007 Competition Commission fines members of gas insulated switchgear cartel over 750 million euros IP 07 80 Brussels 24 January 2007 Press Releases EUROPA Lawsky David 25 January 2007 EU shocks electric cartel with 750 million euro fine Reuters Vote call by Siemens shareholders BBC 25 January 2007 Gunmen Attack French Uranium Plant timeslive co za 25 June 2012 CAR gunmen attack French uranium plant News24 25 June 2012 Niger attacks launched from southern Libya Niger s president Reuters 25 May 2013 Areva Niger mine back at full production after Islamist attack South Africa Mining Weekly 2013 AREVA At September 30 2013 Backlog of 42bn Reuters Archived from the original on 28 May 2014 Retrieved 27 May 2014 RFI fi Left in the Dust uranium mining in Niger GreenpeaceVideo YouTube Orphans of the Sahara channel 23 January 2014 Orphans of the Sahara Exile aljazeera com Al Jazeera Orphans of the Sahara channel 23 January 2014 Uranium mining in Niger AREVA responds aljazeera com Al Jazeera Athlenergy com The New Website for Track amp Field and Running Enthusiasts Areva Retrieved 24 June 2014 Areva Renews Its Partnership with the French Athletics Federation Areva Retrieved 24 June 2014 DiamondLeague Paris com The Website for Meeting Areva Meeting Areva Retrieved 26 June 2014 SemideParis com The English Language Website for the Paris Half Marathon Paris Half Marathon Archived from the original on 5 June 2014 Retrieved 26 June 2014 SainteLyon com Saintelyon Archived from the original on 13 September 2013 Retrieved 26 June 2014 Areva extends with 1 FC Nurnberg but shrinks package SportsProMedia com 7 August 2012 Areva powers down FC Nurnberg backing Soccerex com 9 August 2012 Archived from the original on 26 June 2014 French America s Cup yacht struck by Greenpeace protesters The Guardian 20 May 2002 French America s Cup yacht holed in Greenpeace protest The Telegraph 19 May 2002 External links Edit Media related to Areva at Wikimedia Commons Official website Framatome SA History International Directory of Company Histories FundingUniverse 1998 Retrieved from https en wikipedia org w index php title Areva amp oldid 1127559409, wikipedia, wiki, book, books, library,

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