Belgium to buy Engie's nuclear assets in the country to secure energy supply

BRUSSELS, April 30 (Reuters) - The Belgian government plans to buy the nuclear utility assets of French power group Engie ENGIE.PA in Belgium, the parties said on Thursday, in a move Brussels said would help secure the country's energy supplies.

The proposed deal would cover all nuclear activities currently owned and operated by Engie and its Electrabel unit, including the country’s seven nuclear reactors.

Prime Minister Bart De Wever said the transaction would also involve suspending plans to decommission nuclear operations in Belgium.

"The government is making the choice of having a secure, affordable and long-lasting source of energy, with less reliance upon fossil fuels, which will give us more control over our supplies," wrote de Wever on X.