The US official export credit agency, the Export-Import Bank (Exim Bank), has approved a financial commitment of up to $99m (€89m) to support the development of a small modular reactor project at the Doicesti coal plant site, reports in Romania said.
The funds are designated for RoPower, a joint venture between state-owned company Nuclearelectrica, which operates the Cernavodă nuclear power station, and the private Romanian energy company Nova Power & Gas.
According to Profit.ro, citing RoPower as its source, the Exim money will go towards site development, regulatory approvals and detailed engineering work.