EDF takeover could hit Areva order book
In June, the French government approved EDF's plan to take over debt-laden Areva's core reactor building unit, and said it would recapitalise the loss-making company.
"It is possible that nuclear plant operators would hesitate to place orders with the new Areva, which in theory could become a competitor of its own clients," said the report, which was led by Socialist MP Marc Goua and The Republicans MP Herve Mariton.
They added, however, that some potential first-time buyers of nuclear plants may prefer to deal with a company that both builds and operates nuclear plants.
The report also recommends giving the new reactor business - in which Areva would keep a minority stake - a large degree of autonomy and said other investors should be given a chance to invest in the company in order to diversify its shareholdership.
They also recommend that Areva itself - which will be refocused as a nuclear fuel group after the sale of the reactor unit - should open its capital to foreign investors, notably Chinese.
Goua and Mariton also said a final agreement about the future of Areva would have to wait for the outcome of an investigation into weak spots discovered in the steel of the vessel of a reactor under construction in Flamanville, France. ■