Areva T&D sale official
The decision to sell ArevaÂ’s Transmission and Distribution business was taken by the Supervisory Board on June 30, 2009 after a review of the groupÂ’s development plan.
At the close of the bidding process, the Areva Supervisory Board, convened on November 30, 2009, asked the Executive Board to begin exclusive negotiations with Alstom/Schneider Electric to draw up the terms of an agreement providing for:
• a sale price of 4.09 billion euros in enterprise value;
• a commitment to maintaining all European sites for a 3-year period;
• guarantees for the workforce: all European employees are to be offered a similar position in the same geographical area at an equivalent qualification level and without loss of compensation or seniority; unless the economic situation deteriorates significantly, there will be no layoff program except for voluntary terminations.
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CAROLINA - Ameren Illinois and Safe Electricity are urging the public to stay in their cars and call 911 in the event of an accident involving a power pole that brings down power lines on or around the car.
In a media simulation Tuesday at the Ameren facility on West Lafayette Avenue, Ameren Illinois employees demonstrated the proper way to react if a power line has fallen on or around a vehicle. Although the situation might seem rare, Illinois motorists alone hit 3,000 power poles each year, said Krista Lisser, communications director for Safe Energy.
“We want to get the word out…
