Defunct French nuclear and renewable energy provider
This article is about a nuclear technology company. For the genus of moths, see Areva (moth).
Areva S.A.
Headquarters in Courbevoie, France
Company type
State-owned enterprise
Industry
Nuclear industry
Predecessors
Framatome Cogema Technicatome
Founded
2001; 23 years ago (2001)
Successors
Framatome Orano Technicatome
Headquarters
Courbevoie, Paris
,
France
Area served
Worldwide
Key people
Philippe Braidy (chairman and chief executive officer)
Products
Nuclear reactors Nuclear fuel Uranium Electric power
Services
Nuclear enrichment Nuclear material transport Nuclear reprocessing
Owner
Government of France
Number of employees
45,340 (2013)
Subsidiaries
Areva NP
Areva NC
Areva TA
Areva Mines
Euriware
Areva Med
Website
www.areva.com
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]
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.
^"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'État. 30 April 2015. Retrieved 21 February 2016.
^"2014 Reference document" (PDF). Areva. 30 March 2015. Retrieved 21 February 2016.
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researcher. She was the head of research and innovation on the managing board of Areva, the French state-owned nuclear power conglomerate. One of a very few Americans...
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