PARIS Feb 23 Italy's dominant power utility,
Enel SpA (ENEI.MI), will acquire a 12.5 percent stake in
France's second next-generation EPR nuclear reactor, business
daily La Tribune reported on Monday.
The newspaper said the deal was linked to a nuclear
cooperation agreement due to be signed by French President
Nicolas Sarkozy and Italian Prime Minister Silvio Berlusconi at
a bilateral summit in Rome on Tuesday.
Enel already owns a 12.5 percent stake in France's first
European Pressurized Reactor (EPR), which is being built at
Flamanville in northwestern France and will be operated by
French power giant EDF (EDF.PA).
"EDF and Enel will sign an extension of their current
cooperation at the Flamanville EPR to the second EPR at Penly,"
La Tribune said, citing a source close to the matter.
The cooperation agreement due to be signed between France
and Italy would give French companies such as nuclear group
Areva CEPFi.PA, energy firm GDF Suez GSZ.PA and EDF better
access to the Italian market and provide for Italian involvement
in the French nuclear energy sector, La Tribune said.
(Reporting by Francois Murphy; Editing by Mike Nesbit)