Romania's Nuclearelectrica to clear investment decision on SMR project in February
At the request of the Romanian state as the main shareholder, the extraordinary shareholder meeting on February 12-13 at Nuclearelectrica (BVB: SNN) will vote on the final decision of the NuScale Small Modular Reactors (SMR) project,…
iulian ernst · Journalist
· Updated · 2 min read
At the request of the Romanian state as the main shareholder, the extraordinary shareholder meeting on February 12-13 at Nuclearelectrica (BVB: SNN) will vote on the final decision of the NuScale Small Modular Reactors (SMR) project, according to the company's note to investors. According to a very rough estimate circulated in late 2024, the project would cost USD 4.9 billion, and no update is available.
Energy minister Bogdan Ivan reaffirmed in December his support for the continuation of the SMR project in Doicesti. Following extensive discussions with the project company's shareholders, a solution was reportedly identified to fully finance the current stage of development.
