Jun 18, 2012
Lesedi Nuclear Services reveals new industrial shareholdersBack
Construction|Areva|Business|Engineering|Eskom|Five|Gas|Industrial|J&J Group|Lesedi Nuclear Services|Nuclear|Power|Sustainable|Turbines|Energy|Services|David Johnson|Eric McDonald|Francis Carruthers|Turbines|Willie Zeelie
Areva would retain control of the nuclear side of the business despite the restructured shareholding.
The introduction of new shareholders, following the retirement of one of the cofounders, Eric McDonald, would expand Lesedi’s African capacity and competence, Carruthers stated.
“This process is also set to secure our future as a significant South African player in the nuclear and non-nuclear sectors. Our partnership with Areva, who remains a major shareholder, has played an important role in developing our sustainable but dynamic organisation. Together with our new partners, we are now well positioned to continue supporting Eskom in all of its future developments, armed with enhanced levels of local content in our delivery,” he added.
Lesedi has grown organically over the last five years from its core focus of localising Areva’s activities of plant upgrades and refueling outage services at Koeberg nuclear power station, to constructing Eskom’s new power plants, 14 gas turbines at Gourikwa and Ankerlig power stations and current engineering, procurement and construction for the balance of plant at Medupi and Kusile power stations.
Edited by: Mariaan Webb
Creamer Media Senior Researcher and Deputy Editor Online
To subscribe email email@example.com or click here
To advertise email firstname.lastname@example.org or click here
Other Electricity News
Significant energy savings can be achieved by replacing existing oversized air compressors with correctly sized units that use power more efficiently, says compressed air products distributor Goscor.
Recent Research Reports
Automotive 2016: A review of South Africa's automotive sector (PDF Report)
Creamer Media’s Automotive 2016 Report provides an overview of South Africa’s automotive industry over the past 12 months. The report provides insight into local demand and production, vehicle imports and exports, investment and competitiveness in the sector, as well...
Energy Roundup – April 2016 (PDF Report)
The April 2016 roundup covers activities across South Africa for March 2016 and includes details of a North Gauteng High Court Judge’s dismissal of a court application to postpone the 9.4% electricity tariff increase, which the National Energy Regulator of South...
Electricity 2016: A review of South Africa's electricity sector (PDF Report)
Creamer Media’s Electricity 2016 report provides an overview of South Africa’s electricity sector, focusing on State-owned power utility Eskom and independent power producers, electricity planning, transmission, distribution and the theft thereof, besides other issues.
Energy Roundup – March 2016 (PDF Report)
The March 2016 roundup covers activities across South Africa for February 2016 and includes details of the Department of Energy’s plans to announce the preferred bidders for the first tranche of the coal independent power producer procurement programme; the Council...
Steel 2016: A review of South Africa's steel sector (PDF Report)
Creamer Media’s Steel 2016 Report examines South Africa’s steel industry over the past 12 months. The report provides insight into the global steel market and and particularly into South South Africa’s steel sector, including production and consumption, main...
Construction 2016: A review of South Africa's construction industry (PDF Report)
Creamer Media’s Construction 2016 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; key participants; local demand; geographic diversification; corporate activity; black economic...
This Week's Magazine
The two spent-fuel pools at Eskom’s 1 800 MW Koeberg nuclear power station, in the Western Cape, will be full by 2018, increasing the urgency on the State-owned utility to begin pursuing alternative storage options. Koeberg has, over the past 32 years, accumulated a...
South Africa lacks the skills necessary to implement the government’s plan to build 9.6 GWe of new nuclear energy capacity, warns nuclear-qualified Quality Strategies International CEO David Crawford. “Apart from the concern about the affordability of the programme,...
Cybersecurity multinational Check Point has released its latest 700-series cybersecurity systems for small businesses, which draw on its international threat intelligence to provide up-to-date cybersecurity, says Check Point South Africa country manager Doros...
Daimler Trucks and Buses Southern Africa (DTBSA) saw a marked slip in new-vehicle sales in 2015 compared with 2014, with sales dropping from 5 897 units to 5 300 units. The decline came as the South African new truck and bus market declined from 31 558 units in 2014...
Group of 20 (G-20) economies threatened to penalise havens that don’t share information on their banking clients after the leak of the Panama Papers provoked a global uproar over tax evasion. The G-20 will consider “defensive measures” against financial centers and...