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Areva To Buy VC-Backed Solar Thermal Company Ausra

Posted on: February 8, 2010 by PEHub AdministratorNo Comments »

LOS ANGELES (Reuters) – The world’s largest nuclear plant builder, Areva SA (CEPFi.PA), is entering the solar power industry, with the company announcing on Monday its acquisition of U.S.-based solar thermal player Ausra. Areva did not disclose financial details about the deal to purchase the Silicon Valley company, which had raised $130 million in venture [...]

CVC Drops Plans To Bid with GE for Areva T&D

Posted on: November 9, 2009 by PEHub AdministratorNo Comments »

LONDON (Reuters) – Private equity firm CVC dissolved a consortium with General Electric (GE.N) that had been planning a joint bid for the transmission and distribution (T&D) business of Areva (CEPFi.PA) , a person familiar with the matter said on Monday. CVC was reluctant to be a minority shareholder and General Electric grew in confidence [...]

Toshiba Plans $5b Bid for Areva Unit, PE Firms Circle

Posted on: September 4, 2009 by PEHub AdministratorNo Comments »

TOKYO (Reuters) – Japan’s Toshiba Corp (6502.T) plans to bid for French nuclear group Areva’s (CEPFi.PA) power distribution and transmission equipment unit, four sources with direct knowledge of the situation said, in a deal that could cost it more than $5 billion. Toshiba, which runs a far-flung electronics conglomerate, is focusing on its power generation [...]

Bidders Line Up for Areva T&D

Posted on: July 31, 2009 by PEHub AdministratorNo Comments »

PARIS (Reuters) – Candidates are lining up to buy French nuclear group Areva’s (CEPFi.PA) T&D unit, French newspaper La Tribune said, citing four names in addition to intending bidders Alstom (ALSO.PA) and Schneider (SCHN.PA). General Electric (GE.N) could join forces with investment funds Apollo of the United States and Europe’s CVC, but they are still [...]