Babcock & Wilcox Nuclear Energy, Inc., (B&W NE) and Bechtel Power Corporation today announced they have entered into a formal alliance to design, license and deploy the world’s first commercially viable Generation III++ small modular nuclear power plant.

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John on February 15th, 2010

VT Group plc (“VT” or the “Company”) notes the announcement by Babcock International Group plc (“Babcock”) and confirms that it received a preliminary approach from Babcock on 3 February regarding a possible offer for the Company.

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on November 3rd, 2009

Ownership of Dounreay Site Restoration Ltd has moved from the public to the private sector.

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