Nuclearelectrica secures EUR 800 million EIB loan for Cernavoda Unit 1 refurbishment

Reuters2026/07/16 12:45

By:Reuters

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Nuclearelectrica to seek shareholder approval to sign an EUR 800 million corporate loan backed by the European Investment Bank for Cernavoda Unit 1 refurbishment.
EIB board cleared the financing on July 15, 2026, positioning it as a major pillar of the project’s external funding package.
Funding plan combines equity with loans and guarantees from international lenders, export credit agencies, commercial banks.
Preliminary-phase funding already includes an EUR 540 million loan agreement signed Sept. 24, 2025 with a bank syndicate led by JP Morgan SE.
Project schedule targets a 2027-2030 outage for major works, resuming operations in 2030.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Societatea Nationala NuclearElectrica SA published the original content used to generate this news brief on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Nuclearelectrica secures EUR 800 million EIB loan for Cernavoda Unit 1 refurbishment

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