Nuclear Finance

Romania's Nuclearelectrica Secures €620 Million Financing For Cernavoda Nuclear Projects

By Kamen Kraev
25 September 2025

Loan agreements to fund Unit 1 refurbishment and preparatory work for Units 3 and 4

Romania's Nuclearelectrica Secures €620 Million Financing For Cernavoda Nuclear Projects
Cernavoda, which is Romania’s only commercial nuclear station, has two 650-MW Canada-designed Candu-6 plants. Image courtesy AtkinsRealis.
Romania’s state-owned nuclear operator Nuclearelectrica has signed two financing agreements worth a combined €620m ($725m) with a banking syndicate* led by J.P. Morgan SE to advance the refurbishment of the Cernavoda-1 nuclear plant and preparatory work for the Cernavoda-3 and -4 new-build project.

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