Considering the future of AREVA, the group’s Supervisory Board met and finalized the next steps of the group’s plans (press release). As the world leader in the nuclear power industry, AREVA has witnessed a major increase in demand for CO2-free energy solutions. At the same time, AREVA has exciting goals for the future—both in nuclear energy and renewables—that need investment while keeping a healthy balance sheet.

This is why AREVA will invite new strategic and industrial partners, and current certificate holders, to join as shareholders. Plus, the group will launch a new employee shareholding plan.

Additionally, the Supervisory Board asked AREVA to sell the group’s Transmission & Distribution division. AREVA will initiate a call for bids, and while the financial offer will be one factor; attention will be paid to the potential buyer’s plans for the division. Based on the offers received, AREVA will make the decision whether to sell T&D by the end of the year.

Speaking about today’s decision, Chairman of the Board Jean Cyril Spinetta said, “Solutions for generating CO2-free energy—its core business—have undisputed prospects for growth. The group must be able to pursue an ambitious investment program to take advantage of its growth.”