Bulgarian state company Kozloduy NPP New Builds and the Bulgarian government are likely to look to export credits from the US, as well as potentially some European Union structural funding, to finance the construction of two new Westinghouse AP1000 reactors at Kozloduy-7 and -8, an analyst told NucNet on 20 February.

“Given that it is Westinghouse technology, I think that some type of credit from a US government-backed entity is quite likely,” the analyst, who spoke on the condition of anonymity, said. “Ex-Im Bank has in the past backed Westinghouse. I would also imagine that some form of EU funding might be forthcoming.”