Nuclearelectrica, the Cernavoda nuclear plant operator, is launching an auction to attract investors interested in the EUR 4 billion project to build two new reactors at Cernavoda.
Currently, shareholders of the project company that will operate and build the two EnergoNuclear units are Nuclearelectrica, with 84.65 percent, Enel of Italy with 9.15 percent and ArcelorMittal Galati with 6.2 percent. The state intends to reduce Nuclearelectrica’s participation to 40 percent. Nuclearelectrica’s approach comes after four major investors withdrew from EnergoNuclear, namely CEZ (Czech Republic), RWE (Germany), Iberdrola (Spain) and GDF Suez (a French-Belgian group).