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Home  /  News /  Settlement agreement on OL3 EPR project completion and related disputes has entered into force

Settlement agreement on OL3 EPR project completion and related disputes has entered into force

28.3.2018

The comprehensive settlement agreement, announced on 11 March, with Teollisuuden Voima Oyj (TVO) and Olkiluoto 3 EPR (OL3 EPR) plant supplier consortium companies Areva NP, Areva GmbH and Siemens AG as well as with Areva Group parent company Areva SA, has entered into force. The settlement agreement concerns the completion of the OL3 EPR project and related disputes.

For further information concerning the settlement agreement, please see TVO’s stock exchange release at: https://www.tvo.fi/news/1966.

TVO looks forward to working closely with its partners to fully implement the agreement and to promptly accomplish the several crucial project steps leading to the start of regular electricity production of the OL3 EPR unit.