Romania was scheduled to sign cooperation and financing agreements with the US on Friday for the refurbishment of one nuclear power reactor and the construction of two more at the Cernavodă nuclear power station, US ambassador Adrian Zuckerman said on Thursday.
In a statement posted on the US Embassy in Romania’s website, Mr Zuckerman said Romania’s energy minister Virgil-Daniel Popescu would meet with US energy secretary Dan Brouillette in Washington to initial an intergovernmental cooperation agreement for the refurbishment of one nuclear reactor and the building of two new reactors at Cernavodă. “This $8bn project will be a paradigm for future Romanian- American economic and energy development projects,” he said.
Later in the day, Mr Popescu was to meet with the president and chairwoman of the US Exim Bank, Kimberley Reed, to execute a memorandum of understanding for the financing of the Cernavodă nuclear project and other projects in Romania. The financing package is the largest financing package ever received by Romania and is indicative of the confidence the US has in its longstanding partner and ally, Mr Zuckerman said.
…