As part of an ongoing effort to improve efficiency and operations through restructuring and consolidation of North American business entities, AREVA NP Inc. and AREVA NC Inc. will become integrated companies under AREVA Inc. As a result of this restructuring, Mr. Michael W. Rencheck will serve as the president and chief executive officer of AREVA Inc. to replace Mr. Jacques Besnainou.

Mr. Rencheck joined AREVA NP Inc. in January 2009. He successfully led the turnaround of AREVA NP Inc., improving performance, achieving profitability and establishing sustainable growth. AREVA NP Inc. was AREVA’s largest North American business unit with annual revenues of more than $1.3 billion. The consolidated AREVA Inc. now has annual revenues of more than $2 billion. Mr. Rencheck will assume his new duties effective immediately.

“I am honored to be asked to lead such an outstanding organization and look forward to working with my colleagues to maintain and grow AREVA’s position as a leader in clean energy solutions for North America,” said Mr. Rencheck.

AREVA expresses gratitude to Mr. Besnainou, who has been with AREVA since 2001, for his many years of loyal service to the AREVA family of companies and wishes him well in his future endeavors. During his years of service, Mr. Besnainou successfully implemented a multitude of major developments throughout the world on behalf of AREVA.

View Mr. Rencheck’s biography here.

AREVA welcomes the announcement by the Next Generation Nuclear Plant (NGNP) Industry Alliance, LLC that AREVA’s prismatic core, 625 MW thermal, steam cycle modular high temperature gas-cooled reactor (SC-HTGR), AREVA’s HTGR Generation IV reactor, was selected as the reactor design concept to provide high temperature process steam for industrial applications and electricity production.

“We are very pleased that the Alliance has selected the AREVA prismatic core, modular HTGR for the co-generation of process heat and electricity,” stated Mike Rencheck, Chief Operating Officer, AREVA Inc. “The industrial end-user requirements have been the primary consideration for making this advanced technology selection over other small modular reactors. The co-generation aspects offer long term, predictable energy supply.”

The Alliance industrial partners highlighted the advanced safety and performance features of our technology. Entergy Nuclear, as a member of the Alliance, has assumed the role of applicant for the HTGR pre-application and licensing activities for the Alliance in response to the Nuclear Regulatory Commission (NRC) Regulatory Issue Summary, 2011-02 Rev1 – “Licensing Submittal Information and Design Development Activities for Small Modular Reactor Designs.”

The SC-HTGR design offers excellent passive and inherent safety features while producing unique high temperature performance capabilities that are well suited for co-generation, providing a broad range of process heat and/or power generation applications.

The benefits of providing high temperature process steam include:

• 566°C main steam temperatures to drive scale industrial processes
• Stabilized, long term fuel costs for energy intensive industries, enabling sustainable expansion of American industrial manufacturing
• Reduced greenhouse gases (GHG) through large scale displacement of premium fossil fuels in a wide range of industrial and commercial applications
• Job creation within the U.S., supplying materials and equipment to construct and operate HTGR-based industrial infrastructure
• Reduced reliance on imported oil and gas supplies as industry fuels
• Extending life of domestic oil as a strategic asset for transportation fuels and natural gas as a chemical feedstock

AREVA will continue its work with the NGNP Industry Alliance on next steps for bringing the SC-HTGR design to market. The NGNP Industry Alliance is an important part of AREVA’s commitment to expanding the use of CO2-free energy around the world.

To obtain a list of NGNP Alliance members or learn more about the NGNP Industry Alliance visit: www.ngnpalliance.org

ATMEA received the final report and findings of the review of ATMEA1 reactor safety objectives and options by the French nuclear safety authority (ASN).

The ATMEA1 reactor is an 1100 MWe Generation III+ pressurized water reactor (PWR) developed and already marketed internationally by ATMEA, a joint venture between AREVA and Mitsubishi Heavy Industries Ltd (MHI).

Its safety objectives and principles are based on the latest international standards, requirements and recommendations. The safety features of the ATMEA1 reactor meet the most demanding criteria for protecting systems critical to safety from both internal and external hazards, including earthquakes, flooding and wide-body commercial aircraft crashes, and for severe accident management and mitigation.

In concluding its review, conducted in close cooperation with the French institute for radiological protection and nuclear safety (IRSN) and completed at the end of November 2011, ASN stated that the reactor’s safety objectives and options are consistent with French regulations, as is the consideration given to internal and external hazards. In addition, ATMEA’s assessment of the Fukushima accident, demonstrating that the ATMEA1 reactor’s safety options are such that no design changes are needed at this time, was favorably received by ASN. ATMEA will continue to monitor analyses and findings on this subject worldwide to ensure that the ATMEA1 reactor consistently meets the highest safety standards.

“The ATMEA1 reactor meets the international safety criteria for Generation III+ reactors. The ASN finding constitutes an important milestone for the construction of the ATMEA1 reactor in France and in other countries in the world” said Philippe Namy, President of ATMEA.

The French nuclear safety authority (ASN), an independent authority created by the law of June 2006 on transparency and safety in the nuclear field, provides regulatory over-sight for all civilian nuclear activities in France.

ATMEA builds on the experience of its two parent companies, AREVA and MHI, and capitalizes on the operating experience of 130 reactors worldwide representing a combined total of some 3,300 reactor years of operation.

AREVA Inc. North America Launches App for Mobile Devices

AREVA Inc. announced today the launch of the AREVAinc App, a smartphone application for select mobile devices.

As the global leader in nuclear reactor technology and a growing provider of renewable energy, AREVA is in a unique position to increase clean energy understanding and awareness. The AREVAinc App helps accomplish these goals, especially in the North America region.

With the AREVAinc App, users have direct access to the latest AREVA North America content, including blog posts, images, videos, news releases, company information and links to online resources. Where available, the content is enabled for personal download and sharing via popular social media tools and email.

“As an innovative and technology-expert organization, it’s only natural that AREVA would be one of the first energy companies to provide this type and this level of public content and access,” said Laurence Pernot, VP Communications, AREVA Inc. “We are preparing more content for the AREVAinc App, and I encourage the public, our customers and policymakers to learn all about AREVA in North America with the tap of a finger.”

Launching the AREVAinc App is the latest phase of an expanded social community presence in North America that includes the Next Energy blog, Twitter accounts for nuclear and renewable energies, Facebook page, YouTube channel, and LinkedIn company profile.

The AREVAinc App is available on the AREVA North America website at: us.areva.com

BETHESDA, Md., January 26, 2012 – With the issuance today of the President’s Blue Ribbon Commission report on America’s Nuclear Future, AREVA commends the effort and hard work completed by the Commission, supports many key elements of the report and looks toward the future for more comprehensive solutions.

“Nuclear energy must be part of the clean energy mix in the United States,” states Jacques Besnainou, CEO of AREVA, Inc., “and a sustainable approach to used fuel management is critical to supporting and developing long-term use of clean nuclear energy.”

AREVA strongly supports the formation of a new Federal entity, or FedCorp, chartered with broad responsibility for managing used nuclear fuel. This is an important first step toward restoring the public trust necessary to meet the scope of challenges identified by the Commission.

The Commission’s recommendations for the development of centralized interim storage facilities and revised NRC rulemaking, along with its general recognition of the fundamental obligation to avoid burdening a future generation are key elements to securing progress toward a comprehensive and sustainable solution.

AREVA remains strongly supportive of an integrated used fuel management strategy that includes centralized interim storage, recycling and ultimate disposal.

“Recycling used nuclear fuel is a proven solution that conserves natural resources and simplifies waste management but we must think in terms of real and sustainable solutions. The rest of the world is moving forward with forward-thinking solutions and the U.S. should join and lead this effort,” said David Jones, senior vice president of AREVA, Inc.

PICKERING, Ont., January 26, 2012 – AREVA was awarded a contract by the Canadian group SNC-Lavalin Nuclear to provide filtered containment venting systems for Units 1 and 2 at CNE Cernavoda nuclear power plant in Romania.

The contract is part of a wider cooperation agreement between AREVA and SNC-Lavalin for CANDU-specific reactor designs. The project is planned for completion over the next 27 months.

The FCVS technology is part of a global Safety Alliance framework through which AREVA provides a range of safety analysis, upgrades and enhancements to help utilities meet post-Fukushima Safety requirements.

“This agreement is a great example of our industry’s commitment to nuclear safety across the globe,” said Jacques Besnainou, CEO of AREVA Inc. “The containment venting system responds to issues raised as a result of Fukushima and is just one way AREVA is working to meet and exceed our customers’ safety needs. It is also the first step toward more international cooperation between AREVA and SNC-Lavalin.”

The AREVA filtered containment venting system is a passive system with a compact design that prevents the buildup of excessive pressure, while safely releasing hydrogen and capturing fission products under accident conditions. Installed on more than 50 reactors worldwide, this is a proven technology and turnkey solution for utilities that can be easily retrofitted into existing plants in the U.S. and around the world.

AREVA’s FCVS can be used in all types of reactors: Pressurized Water Reactors (PWR), Boiling Water Reactors (BWR), and CANDU plants.

For more information on the FCVS solution or other products and services available through the Safety Alliance framework, click here.

To download the FCVS detailed brochure, click here.

To learn more on how AREVA helps utilities achieve their fleet safety objectives, visit our Field Report portal (once on the page, click on “Play animation”).

BETHESDA, Md., January 6, 2012 – AREVA announced today the appointments of Tom Franch as senior vice president of the Reactors & Services Business Group (R&S BG) for AREVA Inc., and Gary Mignogna as senior vice president of the Engineering & Projects Organization (E&P) in North America. Both will serve on the U.S. executive leadership team.

Mr. Franch, previously the head of AREVA North America E&P, will now be responsible for the operations and activities of the R&S BG. He will oversee the Installed Base, New Builds, Equipment, Products & Technology and the Nuclear Measurement Business Units. Mr. Franch has been with AREVA for more than 20 years and has more than 29 years of nuclear power experience. He is a graduate of the University of Illinois with a Bachelor of Science in civil engineering and architecture.

In his new position with E&P, Mr. Mignogna will lead E&P in project management & operations, design engineering, construction & commissioning services and associated strategy, processes & methods for the organization’s projects. He currently serves as the president of AREVA-Day Zimmermann joint venture company and serves on the Members Committee of the Steam Generator Team (SGT), an AREVA-URS joint venture company. Mr. Mignogna has been with AREVA for 33 years, holding leadership positions in multiple areas. Mr. Mignogna holds a bachelor’s and master’s degree in mechanical engineering from Drexel University and a master’s degree in business administration from Lynchburg College.

BETHESDA, Md., January 4, 2012 – AREVA has signed a unique integrated fuel and related services contract with Xcel Energy* in the United States to supply Monticello Nuclear Generating Plant located near Monticello, Minn. The approximately $500 million contract covers uranium, conversion, enrichment, fuel design and fabrication, and related engineering services. It is the first such award by a U.S. nuclear utility to a fuel supplier in several decades.

Under the agreement, AREVA will provide six fuel reloads which corresponds to a decade of fuel supply, with deliveries beginning in 2015. The contract includes transition of the Monticello plant to use AREVA’s innovative ATRIUM^TM 10XM boiling water reactor (BWR) fuel. This will be the first time that Xcel Energy will use AREVA fuel in its plants.

AREVA CEO Luc Oursel said: “AREVA is very pleased with the trust placed in us by Xcel Energy. This new success was made possible thanks to our integrated business model that draws on a broad portfolio of products and services tailored to meet our customers’ needs.”

Dennis Koehl, senior vice president and chief nuclear officer for Xcel Energy, said the utility looks forward to working with AREVA. “This contract represents the start of a productive working relationship between AREVA and Xcel Energy, one we believe will benefit our customers by controlling fuel costs,” Koehl said.

*Xcel Energy is a major U.S. utility operating in eight Midwestern and Western states, with a total generation capacity of 16,000 MW.

AREVA announced today that its nuclear medicine subsidiary, AREVA Med, has acquired Macrocyclics, Inc.

AREVA Med has developed innovative methods for producing lead-212 (212Pb), a rare radioactive isotope at the heart of promising research projects in nuclear medicine to develop new treatments against cancer.

Macrocyclics, based in Dallas, Texas, is the world leader in the production of chelators*, chemical agents that allow for the attachment of antibodies or proteins with radioactive isotopes for the development of powerful nuclear medical treatments targeted against aggressive types of cancer.

“This strategic acquisition allows us to be in a unique position in the global marketplace. As a result, we can now offer new technology for attaching our isotope to antibodies targeting cancerous cells,” said Patrick Bourdet, president and CEO of AREVA Med. “The experience and the outstanding know-how of the Macrocyclics team, together with that of AREVA Med, will allow us to target more diseases and accelerate the development of radioimmunotherapy treatments using AREVA’s lead-212,” added Bourdet.

“The acquisition of our company by AREVA Med comes at an ideal time when the therapeutic power of lead-212 has been proven. By bringing our expertise with chelators to the unique competencies of AREVA Med, we will develop new powerful and targeted treatments for patients. With AREVA Med’s support, we will be able to offer an even broader range of services to our clients,” added Garry Kiefer, CEO of Macrocyclics.

In January 2011, the U.S. Food & Drug Administration (FDA) gave AREVA Med authorization to begin clinical trials for a new medicine using lead-212 to combat particularly aggressive types of cancer.

The development of new treatments in nuclear medicine is limited by the availability of isotopes. AREVA is building a new facility, the Maurice Tubiana Laboratory, to produce large-scale quantities of medical-grade lead-212 in the Limousin region of France.

For more information, please visit: www.areva.com, www.arevamed.com and www.macrocyclics.com.

*A chelator is a “molecular cage” used to attach isotopes to monoclonal antibodies.

CONTACTS
Jarret Adams
Phone: (301) 841-1695
Email: jarret.adams@areva.com

Laurence Pernot
Phone: (301) 841-1694
Email: laurence.pernot@areva.com

CANBERRA, a leading provider of nuclear measurement systems and solutions, has taken advantage of financing and expertise provided by the Connecticut Energy Efficiency Fund in partnership with Connecticut Light & Power to initiate lighting and HVAC retrofit projects in their 170,000 square foot corporate headquarters facility in Meriden, CT.

As a result of this project, CANBERRA will realize annual electrical savings estimated at 650,000 kWh, which is equivalent to an entire three months’ worth of electricity in the facility. The financing provided by the Energy Efficiency Fund reduces CANBERRA’s return on investment for the project to two years.

CANBERRA’s lighting retrofit project achieves significant energy savings by utilizing a number of new and innovative lighting technologies. These include dimmable ballasts, wireless room occupancy sensors and wireless daylight harvesting sensors. All dimmable ballasts and wireless devices can be controlled remotely and communicate to a main server to achieve additional savings and enable CANBERRA to participate in load shedding programs.

The HVAC retrofit employs a total-building energy management system to control scheduling and temperature setback for each of 166 heat pumps in private offices and open perimeter areas of the facility. This allows for significant efficiencies in heating and cooling seasons.

“We appreciate our collaboration with Connecticut Light & Power that has led to this significant energy and cost savings for our organization,” said Yves Baumgartner, CEO, CANBERRA. “One of the core tenets of our business is environmental responsibility and we therefore are interested in any program that can help us contribute to positive environmental change in our region.”

CONTACTS
Jarret Adams
Phone: (301) 841-1695
Email: jarret.adams@areva.com

Laurence Pernot
Phone: (301) 841-1694
Email: laurence.pernot@areva.com