Shareholders in Romania’s state-controlled nuclear energy producer Nuclearelectrica have approved a new investment strategy for 2020-2025 that includes proposals to go ahead with the completion of two new units at the Cernavodă nuclear station at an estimated cost of €6.45bn, but calls for “support mechanisms” to encourage large investments in energy infrastructure.

The strategy says fiscal mechanisms and commercial instruments adapted to the energy field would give potential investors predictability of their return on investment in energy production through low-carbon technologies like nuclear.

It says the Romanian authorities have, in different stages of analysis, a series of measures intended to stimulate investment interest in such projects.