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Orano secures USD900mn for uranium enrichment plant in the United States

French group Orano receives USD900mn in public support to establish a new uranium enrichment facility in Tennessee, as part of a broader US nuclear sector revival plan.

Orano secures USD900mn for uranium enrichment plant in the United States

CountriesFrance, États-Unis
CompaniesOrano
SectorÉnergie Nucléaire
ThemeInvestissements & Transactions

French industrial group Orano has been selected by the United States Department of Energy (DOE) to receive USD900mn in funding for the construction of a uranium enrichment plant on US soil. The company confirmed in a statement that the total investment for the project is estimated at nearly USD5bn.

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Énergie Nucléaire