Rosatom, Rolls-Royce, Fortum Eye UK Nuclear Power Market

Law360, New York (September 6, 2013, 3:54 PM EDT) -- As the U.K. prepares to recharge its nuclear power sources, a Russian-state owned nuclear company has teamed up with Finnish Fortum Corp. and British Rolls-Royce PLC to study the viability of building Russian-designed reactors in the country.

Moscow-based Rosatom is one step closer to obtaining power plant construction permits in the U.K., should it decide the so-called VVER reactor design is a feasible option for the nation's new nuclear energy program, the company said on Thursday. Rosatom, Fortum and Rolls-Royce signed a collaboration agreement to mull...
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