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Fortum to Cooperate With Rosatom

Finnish utility Fortum said it agreed to cooperate with Russia's Rosatom and Rolls-Royce in studying whether Rosatom's reactors could be sold in Britain.

Fortum said the parties would look into how Rosatom's nuclear power plant could be adapted and licensed for the British market, but said it had not made any investment decisions yet. Fortum operates nuclear power plants in Finland and Sweden.

Rosatom said earlier this month that it was considering applying for a British reactor license as Britain plans to replace old reactors with new ones.

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