Avril 2017 / Asahi

Toshiba buyout of Engie stake ups doubts over U.K. nuclear project

REUTERS

TOKYO/PARIS/LONDON—Toshiba has been forced to buy out French utility Engie from a project to build three nuclear reactors in Moorside, northwest England, adding to strains on the Japanese company's finances and to uncertainty over the project.

Engie said on Tuesday it was exercising its right to sell its 40 percent stake in the NuGen venture to Toshiba following the bankruptcy of the Japanese firm's Westinghouse unit. Toshiba will pay 15.3 billion yen ($138.5 (...)

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