Bulgaria / Ministry Signs Deals To Support Key Energy Projects, Including Nuclear Fuel

Agreements could bring $1bn of investment to the country
Ministry Signs Deals To Support Key Energy Projects, Including Nuclear Fuel
Energy minister Alexander Nikolov (left) signed the deal on 23 March 2022 with representatives from IP3 International and Gemcorp Capital Management. Image courtesy Bulgarian energy ministry.
Bulgaria’s energy ministry has signed a memorandum of cooperation with US-based IP3 International and UK-based Gemcorp Capital Management to support the planning and implementation of clean energy projects, including the development of nuclear energy.

The ministry said in a statement the agreements were signed in the presence of Bulgarian prime minister Kiril Petkov and could bring investment worth around $1bn to the southeast European country.

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