Finnish Fennovoima to get license to build nuclear plant in 2019
The expected terms were postponed due to changes in Finland’s rules and legislation.
Rusatom Overseas, a unit of Russian nuclear power corporation Rosatom, and Fennovoima signed a contract to build the plant in December 2013. Rusatom Overseas is to deliver a 1,200-megawatt reactor to the plant.
Russia plans to invest a ruble equivalent of 2.4 billion euros in the project from the National Wealth Fund, or a maximum of 150 billion rubles, and included it on the list of sustainable infrastructure projects.
What to read next