Bulgaria Minister Discusses Kozloduy Financing With Exim Officials

Sofia planning two Westinghouse AP1000 nuclear reactors at site

Bulgaria Minister Discusses Kozloduy Financing With Exim Officials
Officials discussed financing for the construction of two Westinghouse AP1000 nuclear reactors at Kozloduy. Courtesy KNPP.

Officials from the US Export-Import Bank (Exim) have met Bulgaria’s energy minister Zhecho Stankov to discuss next steps following the $8.6bn (€8.2bn) letter of interest issued by Exim for the financing of two new reactors at the Kozloduy nuclear site in northern Bulgaria, Exim said in a statement.

During the meeting, Stankov discussed financing for the construction of two Westinghouse AP1000 nuclear reactors at Kozloduy, site of Bulgaria’s only two commercial nuclear plants.

The meeting was also attended by Petyo Ivanov, chief executive of Kozloduy NPP – New Build, the company set up to oversee Sofia’s plans for new reactors.

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