From left: Romanian minister of energy Virgil Popescu, U.S. Export-Import Bank president and chair Reta Jo Lewis, Romanian president Klaus Iohannis, U.S. special presidential envoy for climate John Kerry, and U.S. State Department assistant secretary Geoffrey Pyatt. (Photo: ExIm)
The Export-Import Bank of the United States has issued two letters of interest (LOIs) for the financing of U.S.-sourced pre-project technical services in connection with the proposed reactor construction project at Romania’s Cernavoda nuclear plant, the bank announced last week.
From left: Romanian energy minister Virgil Popescu; E-Infra CEO Teofil Mureșan; Nuclearelectrica board chairman Teodor Chirica; and U.S. undersecretary for economic development, energy, and environment Jose Fernandez. (Photo: Nuclearelectrica)
Energy firms Nuclearelectrica and Nova Power & Gas have launched a joint venture, RoPower Nuclear, for the development of small modular reactors in Romania, with SMR technology provided by NuScale Power, of Portland, Ore.
Largely state-owned, Nuclearelectrica operates Romania’s sole nuclear power facility, the two-unit Cernavoda plant, while Nova Power & Gas, a subsidiary of the privately held E-Infra Group, is a supplier and distributor of electricity and natural gas in Romania. The two firms own equal shares of RoPower.