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US nuke rules soured acquisition interest from European utilities, former regulator says
Utility Dive: There are currently two "tests" in the NRC’s criteria for nuclear plant sales. A foreign entity may not own a majority stake in a U.S. nuclear asset, and companies from any country deemed “inimical” to U.S. interests are completely prohibited.
While it was "several years ago," Merrifield said those rules soured interest from European utilities in U.S. nuclear assets. Now a partner at law firm Pillsbury, Merrifield testified before a House Energy and Commerce subcommittee on behalf of ClearPath Action.
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