Nuclear company is France's first beneficiary

28 November 2008

A nuclear company will be the first beneficiary of France’s first sovereign wealth fund, its president Nicolas Sarkozy has announced.

Paris will sink €20 billion ($25.5 billion) into this strategic investment account, and Sarkozy has announced the fund’s first €80 million ($102 million) investment will go to nuclear industrial equipment and services supplier Daher. It makes nuclear fuel and waste containers, offering related logistics services, including transport and loading.

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