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Areva can't really bankrupt: it is backed by the French government, its main owner. It still exist and is basically a public company that critics argue is struc
by Iv 4y ago
Areva can't really bankrupt: it is backed by the French government, its main owner. It still exist and is basically a public company that critics argue is structured in order to dismantle the industrial companies that were still under public control. But nuclear energy is very unlikely to be really privatized in France. That's a very touch political subject.
- vesinisa 4y agoOlkiluoto 3 definitely bankrupted Areva. The company ran out of money and the liability from that one project became a risk for all the other (healthy) branches. They restructured it to different companies with only the problematic Olkiluoto 3 project staying in the original French state-owned Areva. Once this project is complete Areva will be defunct.