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United Kingdom
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AREVA meaning
Published by a LexisNexis Energy expert
What does AREVA mean?
In legal practice, AREVA refers to the former French nuclear group frequently named as supplier or counterparty in nuclear, energy and long-term services contracts. It is not defined in UK or Irish legislation or case law; the term is a descriptive, legacy corporate name encountered in transactional documents, project agreements and disputes.
Historically, AREVA was a global integrated fuel cycle company covering mining, conversion, enrichment, fuel manufacture, reactor design and construction, reprocessing and radioactive waste management. Following a restructuring announced in 2015, the reactor business was transferred to a wholly owned subsidiary, New NP, which on 31 December 2017 was sold to EDF (majority), Mitsubishi Heavy Industries and Assystem, and renamed Framatome. The fuel cycle businesses were reorganised under New Areva and from 2018 have operated as Orano.
For due diligence and contract management, practitioners should confirm the correct successor entity (Framatome or Orano), and verify any assignment, novation, guarantees, change-of-control consents and liability ring‑fencing. Usage and legal analysis are broadly consistent across England & Wales, Scotland, Northern Ireland and Ireland.
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View the related Practice Notes about AREVA
PRACTICE NOTES
CJEU Switchgear cartel: Commission’s fining approach unlawful; joint and several liability with successive parents requires separate fine amounts (Areva/Alstom)
CASE HUB ARCHIVED this archived case hub records the position as at the judgment dated 10 April 2014; it is no longer updated any more...
21 May
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PRACTICE NOTES
EU General Court: Alstom obtains partial annulment for inadequate statement of reasons on parental liability; Alstom Grid leniency appeal dismissed - Power Transformers cartel (T-517/09; T-521/09)
Cases T‑517/09 Alstom v Commission and T‑521/09 Alstom Grid (formerly Areva T&D) v Commission (Power transformers cartel) [Archived] CASE HUB ARCHIVED – this archive captures the position as at the judgment of 27 November 2014 and is no longer updated. See further: timeline, commentary and related/relevant cases. Case facts Outline Actions before the General Court sought to annul, or alternatively reduce, the fines arising from the Commission’s decision of 7 February 2009, which found infringements of Article 101 TFEU and Article 53 of the EEA Agreement. The decision imposed a €16.5m penalty on Alstom and Areva T&D for the alleged involvement of Areva T&D (then Alstom T&D) in a market‑sharing arrangement concerning the supply of power transformers between 1999 and 2003 (“Power transformers cartel”). The Alstom appeal addressed, among other issues, whether a parent company could be held responsible for unlawful conduct committed by its subsidiary (imputability). Parties Applicants: Alstom SA Alstom Grid SAS (Alstom Grid) — previously Areva T&D SA...
21 May
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