This acquisition is expected to close in the next few months, subject to customary regulatory approval. Areva said that it will leverage and reinforce Ausra’s team to strengthen its global solar business unit.
Robert Fishman, chairman and CEO of Ausra, said: “With Areva, Ausra is joining forces with one of the world’s global energy leaders. Combining Areva’s financial and commercial strengths, and its energy expertise, with Ausra’s proven technology and experienced management team will help position Areva for even greater success in the renewable and carbon-free energy industry.”
Ausra designs, develops, manufactures and installs solar steam generators for power generation and industrial steam customers. The company’s compact linear fresnel reflector (CLFR) solar steam generators are designed for existing fossil-fired plants, new standalone solar and solar/fossil hybrid plants, and a diverse range of industrial customers.
