PARIS (Reuters) - Areva announces the acquisition of 70% of Koblitz, a Brazilian supplier of integrated solutions for the production of energy from renewable sources, in particular biomass.
In a press release, the French nuclear group specifies that the founder, Luiz Otavio Koblitz, and the main directors of the company will keep 30% of the capital.
He does not provide the amount of the transaction and indicates that Koblitz, which employs more than 500 people, has participated since 1996 in 76 projects, including 58 using sugar cane for fuel, totaling more than 2.000 MW of installed power.
William emmanuel
Sources
What interest for a nuclear player to invest in biomass if not to limit its development ...? Sorry for the paranoia but ... I have a lot of trouble believing that Areva wants to sincerely start developing biomass power plants ...