Rosatom in Talks With Fennovoima

Nuclear consortium Fennovoima has held talks with Russia's Rosatom over a reactor supply deal for its plant in northern Finland, an executive of the Russian nuclear company told Finnish radio.

Fennovoima said it would choose this year between two potential suppliers, Areva and Toshiba, but Rosatom on Saturday said Fennovoima had also recently opened talks with the Russian firm.

"That they contacted us came as quite a surprise to Rosatom," Jukka Laaksonen, a vice president in Rusatom Overseas, Rosatom's export branch, said in a radio interview with national broadcaster YLE.

Laaksonen said it was possible that state-owned Rosatom could invest in Fennovoima's project, which it has estimated will cost around 4 to 6 billion euros.

Fennovoima declined to comment.

Last year's exit from the consortium of German utility E.ON raised doubts over plans to build the reactor in Pyhajoki.

(Reuters)

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