GNF and Enusa extend joint nuclear venture for six more years

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An agreement signed in 1996, Genusa manufactures and brings nuclear fuel to market across Europe.

"GNF is committed to the BWR market worldwide and we are pleased to continue to provide customers in Europe with state-of-the-art fuel technology and services by extending the Genusa joint venture," said Amir Vexler, CEO of GNF and president of the Genusa board of directors.

"Extending the Genusa joint venture with GNF is very important for Enusa because it provides stability to our relationship at a time when Genusa has the majority share of the European BWR fuel market," said Roberto González, business development and technology director at Enusa and member of the Genusa board of directors.

In 2018, Genusa won a contract from Finnish utility company Teollisuuden Voima Oyj to provide fuel reloads for Olkiluoto units 1 and 2, both 880 MWe BWRs.

GNF is a GE joint venture with Hitachi and currently operates primarily at the Global Nuclear Fuel-Americas in Wilmington, North Carolina, as well as the Global Nuclear Fuel-Japan in Kurihama, Japan.

 

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