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.
Artist rendering of a NuScale SMR plant.
On the sidelines of the COP26 Conference in Glasgow yesterday, John Kerry, the Biden’s administration’s special presidential envoy for climate, joined Romanian president Klaus Iohannis to announce plans to build a first-of-a-kind small modular reactor plant in Romania. The SMR technology is to be provided by NuScale Power, based in Portland, Ore.