E.ON Exiting Finnish Nuclear Market
Posted on November 07, 2012 at 08:04 AM EST
GALWAY, IRELAND--November 7, 2012 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) German energy giant, E.ON AG (PINK:EONGY) (Dusseldorf, Germany) has announced that it plans to exit the Finnish nuclear market and plans to sell its 34% share in Finnish energy company Fennovoima Oy (Helsinki, Finland). The decision threatens to derail Fennovoima's plan to build its first nuclear power plant in the Pyhäjoki region of northern Finland. E.ON said it will instead focus its attention on the nearby markets in Sweden and Denmark.