Plateau Energy Metals Inc. PLUUF

French tycoon betting a nuclear renaissance

[facts1234]

https://www.bloomberg.com/news/articles/2017-12-18/french-tycoon-bets-climate-disaster-will-spur-nuclear-comeback

Assystem acquiring 5% of French reactor maker Areva NP

• Renewables alone can’t replace coal, Dominique Louis says

French tycoon Dominique Louis is doubling down on atomic power, betting that global warming will foster a nuclear renaissance.

Three months ago, his nuclear engineering group Assystem SA

sold 61 percent of its automotive and aircraft business for 400 million euros ($472 million). Louis used the proceeds to buy back some of the company’s shares and acquire 5 percent of French nuclear reactor maker Areva NP for 125 million euros