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Archive for December, 2013

Iberdrola sells 50% of NuGen to Toshiba

Posted December 30th, 2013 In News

Iberdrola has agreed to sell its 50% stake in the UK’s NuGeneration (NuGen) consortium to Toshiba for £85 million ($139 million). NuGen is the would-be developer of the proposed Moorside nuclear power plant. Spanish company Iberdrola has notified Spain’s National Securities Market Commission (Comisión Nacional del Mercado de Valores, CNMV) of its 21 December agreement to […]

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UK government has signed a cooperation agreement with Hitachi and Horizon Nuclear Power

Posted December 5th, 2013 In News

The UK government has signed a cooperation agreement with Hitachi and Horizon Nuclear Power “to promote external financing” for the Wylfa Newydd nuclear power plant. The agreement was signed today by chief secretary to the Treasury Danny Alexander at the launch of the government’s latest National Infrastructure Plan. The accord was signed “with the aim […]

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Stolen cobalt-60 source recovered in Mexico

Posted December 5th, 2013 In News

Wednesday: Authorities in Mexico located a stolen truck and the medical equipment it contained, amid growing fears that the radioactive cargo could become ingredients of an illicit “dirty bomb,” according to the Associated Press. Initial reports late in the afternoon were that the vehicle had been found empty, but the missing cobalt-60 was soon discovered less […]

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Magnox acts to help small businesses

Magnox acts to help small businesses

Posted December 2nd, 2013 In News

Magnox has taken a major step to ensure prompt payment for small and medium enterprises (SME) by requiring its direct suppliers to adopt its own ‘nett monthly’* payment standards on Magnox related work. Delays to payment are widely accepted as one of the major problems faced by SMEs. The action, to include Magnox‟s payment terms […]

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