Romania Extends Bidding Deadline For Cernavoda Nuke Project
Romanian state-owned energy producer Nuclearelectrica Thursday extended until March 15, 2012 the deadline by which investors can file binding offers for the construction of two additional reactors at its nuclear power plant in Cernavoda.
The initial deadline expired today.
Nuclearelectrica controls 84.65% in EnergoNuclear, a joint venture set up to build the two new reactors in Cernavoda. ArcelorMittal Romania and Italy’s Enel own 9.15% and 6.2% in the joint venture, respectively.
The state plans to cut its stake in EnergoNuclear to 40% and plans to attract new investors, after four of its initial six partners withdrew their funds, citing economic and market uncertainties.
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