Russia Signs First Commercial Uranium Supply Agreement with U.S. Energy Firms

GALWAY, IRELAND--June 1, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Rosatom Nuclear Energy State Corporation (Moscow, Russia) recently announced that it signed a landmark deal with three U.S. electricity companies, whereby Rosatom would supply the firms with enriched uranium fuel. This is the first commercial contract in the nuclear energy sector between North American companies and Russia. The three U.S. firms are AmerenUE, a unit of Ameren Corporation (NYSE:AEE) (St. Louis, Missouri), Luminant (Dallas, Texas), and Pacific Gas & Electric Company (NYSE:PCG) (San Francisco, California).