Electricite de France SA reached a deal with Exelon Corp. for a possible exit from atomic operations in the U.S. after six years of declining fortunes that cost the biggest operator of nuclear plants 2 billion euros ($2.7 billion).
More than 60 nuclear projects are being planned in the world today and most of the new nuclear plants are being built in emerging markets, according to Pierre Gadonneix, chairman of the World Energy Council and former chief executive officer of EDF SA.
Latecoere SA, the world’s largest independent aircraft-door supplier, is in talks with prospective partners about consolidating operations and aims to make a choice by year-end. The shares jumped as much as 26 percent.
Electricite de France SA, Europe’s biggest power generator, is confident of finding partners to develop nuclear reactors in the U.K. once an agreement is reached with the government on their profitability.