The Bulgarian Ministry of Energy and the American bank Citi have signed an important partnership agreement that will provide financing for the construction of two new power units at the Kozloduy nuclear power plant. Citi will act as the exclusive coordinator and lead arranger of export credit financing.
The American company Westinghouse will participate in the construction of the new units. This will be the first time their AP1000 reactors are used in Europe.
Vadim Ivanov, General Director of "Kozloduy NPP - New Capacities" company, emphasized that thanks to Citi's experience and connections, Bulgaria will be able to ensure sustainable and affordable energy supply for future generations.
The participation of an American bank in such a large-scale project could be a turning point for the entire Eastern Europe in the field of nuclear energy.
Kozloduy NPP is located on the bank of the Danube River. It was built in the 1970s and has since played an important role in providing electricity to the country.
Earlier, www1.ru reported that American fuel was loaded into the Soviet reactor of the Kozloduy NPP.
Read materials on the topic:
Kozloduy NPP Removed from Sanctions
Akkuyu NPP Equipped with Two Key Safety Elements
Supplies of Equipment for Nuclear Fuel Reloading at Akkuyu NPP Have Begun
Now on home
Chinese partners of BYD are accelerating the transition of electric vehicles to new generation batteries
Why running the reserve to zero is a bad idea, even for an experiment
Cavitation, Ecology, and Heat Dissipation: The Real Reasons for Switching to Closed Systems
All-wheel drive, a turbocharged engine, and a range of pet accessories: what is known about the new Chinese SUV
The company received $285,000 in compensation
Sales of used models confidently outpace new cars
The pickup has become more comfortable, but has not lost its off-road ambitions
Partly due to increased demand for hybrids
The car is valued at 15 million rubles
Выбор за эти деньги весьма большой
The car will roll off the assembly line in the summer of 2026
The tractor differs from the basic version in enhanced safety measures