Jun 18, 2012
Lesedi Nuclear Services reveals new industrial shareholdersBack
Construction|Engineering|Areva|Eskom|Five|Industrial|J&J Group|Lesedi Nuclear Services|Nuclear|Sustainable|Turbines|Energy|Nuclear|Services|David Johnson|Eric McDonald|Francis Carruthers|Power|Turbines|Willie Zeelie
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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.
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