US company NuScale announced in November 2021 that it plans to build the first small modular reactors (SMR) in Romania in cooperation with Nuclearelectrica.
These commitments, together with the new commitments from Romania, support the acquisition of materials with long manufacturing time, the completion of the engineering analysis and front-end design (FEED), the provision of experts in project management and the regulatory activities of the plant.
In addition to the 275 million dollars firm financing, the US International Development Finance Corporation (DFC) and the US Export-Import Bank (EXIM) issued letters of interest indicating potential funding worth 1 and 3 billion dollars, respectively.
