Areva increases its capital by 5 billion euros

Areva increases its capital by 5 billion euros

The energy giant Areva announced last night (Wednesday, January 27) have validated a capital increase of 5 billion euros. The French state will, as reference shareholder of the group, an important role, and the Elysee said that “minority interests investors” would be invited to participate, without however indicating what amount would be defrayed.

A source from Bercy told Reuters it was “too early to talk about the contribution of the minority.”
Areva recalled in a statement that “net income for the year 2015 will be again in loss due to the recognition of provisions […] the impact of the project on Cigéo end of cycle operations and a additional impairment of mining assets.

“This is a net loss of € 0.6Md expects the group as well, pointing out that the final annual results will be revealed on 25 February.
Image Source: Reuters / Charles Platiau