French energy company and nuclear operator EDF has completed the acquisition of a segment of US-based GE Vernova’s steam power business, which includes equipment for nuclear power plants.

The financial terms of the acquisition, remain undisclosed. State-owned EDF said the move will boost its position in the nuclear industry and contribute to European energy security.

The deal includes the production of conventional island equipment for new nuclear facilities and ongoing maintenance and upgrades for existing plants outside the Americas.