The half year earning of British Energy has fallen by 49.7% (almost half) owing to the shutdown of its nuclear power plants.
Just last month, British Energy agreed to be taken over by French energy company, EDF, in a £12.5billion deal. The energy corporation, which owns eight nuclear stations in the UK, has seen a reduction of 27% in its nuclear output since September after it closed 2 of its power stations for maintenance and repair work.
Their deal with EDF, which is 85% owned by the French government is still pending shareholder and regulatory approval.
The French company plans on building four more nuclear generators in the UK thus expanding British Energy's share of domestic the market.
Just last month, British Energy agreed to be taken over by French energy company, EDF, in a £12.5billion deal. The energy corporation, which owns eight nuclear stations in the UK, has seen a reduction of 27% in its nuclear output since September after it closed 2 of its power stations for maintenance and repair work.
Their deal with EDF, which is 85% owned by the French government is still pending shareholder and regulatory approval.
The French company plans on building four more nuclear generators in the UK thus expanding British Energy's share of domestic the market.
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