Search Results
Keyword:European Investment Bank
Romania's National Nuclear Power Company Plans to Borrow EUR 800 Million from the European Investment Bank: Full Speed Ahead on the Refurbishment of Cernavodă NPP Unit 1
Romania's National Nuclear Power Company (Nuclearelectrica) recently submitted a disclosure to the Bucharest Stock Exchange (BVB), announcing plans to obtain a long-term loan totaling EUR 800 million from the European Investment Bank (BEI), earmarked to finance the Unit 1 Refurbishment and modernization project at the Cernavodă NPP. This major external financing plan has been placed on the agenda and will be formally submitted to shareholders for approval and deliberation at an extraordinary general meeting to be held from October 29 to 30, 2026. The European Investment Bank's Board of Directors had previously formally approved on July 15, 2026, an EUR 800 million credit facility for the project, which is...
2026-10-08
European Investment Bank to invest €40 million in Finnish small modular reactor company Steady Energy
The European Investment Bank will invest up to €40 million (about $46 million) in Finnish small modular reactor company Steady Energy. The company's LDR-50 reactor is specifically designed for district heating networks, and this is also the European Investment Bank's first investment in small modular reactor technology. The European Investment Bank is jointly owned by the 27 EU member states, and these member states do not have a consistent attitude toward nuclear energy. In the past, the bank usually avoided new nuclear power projects and invested only in projects related to nuclear safety, such as Chernobyl-related projects. However, over the past year or so, the European Investment Bank has provided loans for the refurbishment project of a reactor in Romania, as well as for the Tricastin...
2026-09-16