EIB

Russia offers Bulgaria 3.8 billion Euros loan for new builds

Tuesday, January 22, 2008

London (Platts)--21Jan2008

Russia is offering to loan Bulgaria 3.8 billion Euros (US$5.5 billion) for construction of two 1,000-MW-class reactors at Belene, a spokeswoman for Atomstroyexport, or ASE, said January 18.

Posted in | »

Bulgaria To Start Building Belene Nuke in 2009 - Official

Tuesday, December 11, 2007

(Novinite) Bulgaria will be able to start construction works on the planned Belene nuclear power plant no sooner than 2009, the head of the country's nuclear regulator said on Monday.

The regulator is yet to rule on the technical details of the project and the proposed safety measures, said Sergey Tsochev, who chairs Bulgaria's Nuclear Regulation Agency.

Posted in | »

EIB Urenco loan

Wednesday, November 7, 2007

29 October 2007 - The European Investment Bank (EIB) is lending €200 million to Urenco to help expand two uranium enrichment plants, in England and the Netherlands.The money will help the company install new centrifuge cascades in both plants.

The EIB memorandum stated: “This project forms part of the company’s medium-term investment programme, meeting global uranium enrichment demand by the use of Urenco’s world-leading energy-efficient technology.”

Posted in | »

Bulgaria Doubles State Guarantees for Belene Nuke Construction

Monday, October 22, 2007

18 October 2007, Thursday

PM Stanishev (left) and Finance Minister Oresharski (right) have both backed the project to the hilt so far, and Bulgaria's low foreign debt allows the cabinet to underwrite the loans.

Bulgaria's cabinet decided on Monday to double the amount of debt it is willing to guarantee for the construction of the country's second nuclear power plant at Belene.

Posted in | »