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    Home > Finance > Fives Nordon to build parts for new nuclear reactors in deal with France's EDF, company says
    Finance

    Fives Nordon to build parts for new nuclear reactors in deal with France's EDF, company says

    Published by Global Banking & Finance Review®

    Posted on July 7, 2025

    2 min read

    Last updated: January 23, 2026

    Fives Nordon to build parts for new nuclear reactors in deal with France's EDF, company says - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    Fives Nordon has secured a contract with EDF to supply components for six new nuclear reactors in France, with construction starting in 2027.

    Fives Nordon Secures EDF Contract for New Nuclear Reactor Components

    By America Hernandez

    PARIS -French engineering firm Fives Nordon has received an order from state-owned power utility EDF to build 300 pieces of boilermaking equipment for the country's six new nuclear reactors, it said on Monday.

    After 18 months of engineering studies, parts construction will begin in 2027, with deliveries continuing through 2038, according to the statement. Fives Nordon did not disclose the value of the contract.

    President Emmanuel Macron has made expanding France's nuclear production capability a flagship project, both by extending the lifetimes of existing sites and building at least six new reactors with a capacity of about 10 Gigawatts in the coming decades.

    Earlier this year the French government agreed to issue EDF a subsidized loan covering at least half of the construction costs of six new reactors, which were estimated to be around 52 billion euros in 2022. An updated budget is expected by year-end.

    The French government has yet to pass legislation approving the construction of new reactors, which is required under France's multi-annual energy planning law.  

    Faced with a divided parliament seeking to slash 40 billion euros($46.90 billion) from the budget, the government has said it intends to pass the required decree before autumn.

    ($1 = 0.8530 euros)

    (Reporting by America Hernandez in ParisEditing by Bernadette Baum and Joe Bavier)

    Key Takeaways

    • •Fives Nordon secures contract with EDF for reactor parts.
    • •Construction of 300 pieces to start in 2027.
    • •France plans to expand nuclear capacity by 10 Gigawatts.
    • •EDF receives a subsidized loan for reactor construction.
    • •French government aims to pass necessary legislation soon.

    Frequently Asked Questions about Fives Nordon to build parts for new nuclear reactors in deal with France's EDF, company says

    1What is the value of the contract between Fives Nordon and EDF?

    Fives Nordon did not disclose the value of the contract for the boilermaking equipment.

    2When will the construction of the parts begin?

    Parts construction will begin in 2027, with deliveries continuing through 2038.

    3What is President Macron's stance on nuclear energy?

    President Emmanuel Macron has made expanding France's nuclear production capability a flagship project.

    4What financial support has the French government provided for the reactors?

    The French government agreed to issue EDF a subsidized loan covering at least half of the construction costs of the six new reactors.

    5What legislative action is needed for the new reactors?

    The French government has yet to pass legislation approving the construction of new reactors, which is required under France's multi-annual energy planning law.

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