The banking sector has started to warm up to the idea of financing new nuclear projects, but challenges remain to be addressed including how projects are structured, according to Ximena Vásquez-Maignan, Counsel at the Paris office of international law firm White & Case.

Vásquez-Maignan, a project finance lawyer who specialises in nuclear law and liability, told NucNet that banks are “really looking at nuclear power”, but need “to understand the sector and associated risks”, while they also “need to discuss with the nuclear sector on how to structure nuclear projects”.