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 by Staff Writers London, UK (SPX) Sep 07, 2021
Framatome reports it has completed its acquisition of VirtualPiE Limited (traded as BHR Group), a leader in fluid engineering-based products and services for the chemical and nuclear energy industries. With this transaction, Framatome continues to expand its presence in the United Kingdom and its comprehensive portfolio of solutions. "It is a pleasure to welcome the employees of BHR Group to Framatome," said Bernard Fontana, CEO of Framatome. "Their expertise and proven technologies will support our work in the nuclear industry and together, we will make a strong contribution to the United Kingdom's energy sector." Framatome has supported the U.K. nuclear market for decades, contributing to the engineering and maintenance of existing reactors and participating in new build projects including Hinkley Point C. BHR Group has been supporting companies since 1947, maintaining its teams' competitive edge by providing independent expert advice, integrated solutions and services.
newcleo powers up with founding capital round and acquisition of Hydromine Nuclear Energy London, UK (SPX) Sep 01, 2021 newcleo has announced its incorporation with the closing of a USD 118 million initial capital raising and the acquisition of Hydromine Nuclear Energy S.a r.l. (HNE). newcleo's disruptive approach is based on the innovative application of well-developed technologies, including, (1) Lead Fast Reactors (LFRs), which utilise lead as a coolant rather than water or sodium, (2) Accelerator Driven Systems (ADSs), based on coupling a sub-critical reactor with a particle accelerator and (3) the use of natural tho ... read more
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