Areva, a french nuclear power company is set to buy Repower - a German wind turbine manufacturer.

This follows what I would call a long-time engagement, since I originally blogged about it in September 2005 (see entry "Now nuclear is buying into wind") - when Areva bought 21.1% of Repower shares. Actually, they have got to be kicking themselves for not buying the company outright back in 2005, when the stock was only a third of the price it is now. Ouch !