Advanced reactors and nuclear services provider GE Hitachi Nuclear Energy (GEH) has announced its intention to acquire South Carolina-based technology and tooling design company REI Nuclear’s business and certain assets.
Image: GE Hitachi Nuclear Energy (GEH) intends to acquire REI Nuclear’s business and certain assets. Photo: Courtesy of Cytonn Photography on Unsplash.
The intended deal is expected to be completed by the end of 2018.
REI Nuclear is specialized in carrying out preliminary design, testing, tooling, project management, technical support, segmentation planning and waste management for nuclear facility decommissioning and dismantlement (D&D) projects.
REI Nuclear CFO Grant Phillips said: “The combination of the decades of decommissioning know-how of GEH and REI Nuclear has proven to be a highly successful project team. We could not be more pleased to continue supporting GEH in nuclear plant decommissioning projects.”
GEH has used the REI’s nuclear technology for projects that include the dismantling of two reactors at the Oskarshamn Nuclear Power Plant near Oskarshamn, Sweden.
This work included cutting and packing reactor internals for final disposal and is expected to continue through 2019.
GEH executive vice president Lance Hall said: “Lance Hall, Executive Vice President of GEH. “With REI Nuclear’s technical and project planning expertise, we will be able to increase value for our customers by further strengthening the planning and field execution of decommissioning projects.
“Together, we are positioned to capitalize on the rapid expansion of decommissioning projects worldwide and support our customers throughout the nuclear power plant lifecycle.”
GEH is a global nuclear collaboration created by GE and Hitachi to serve the international nuclear industry. Earlier this year, GE Hitachi Nuclear Energy has partnered with Global Nuclear Fuel (GNF), Holtec International and SMR Inventec to advance SMR‐160 reactor.
The cooperation initially included nuclear fuel development offered by GNF and control rod drive mechanisms designed by GEH, and expected to extend later to other areas.