Italian power engineering company Ansaldo Energia said that its unit Ansaldo Nucleare has agreed to overhaul a unit and help develop two more at a Romanian nuclear power plant, backed by up to 2 billion euros in financing from Italian state investment agency SACE.
The Memorandum of Understanding (MoU) signed by Ansaldo Nucleare and Nuclearelectrica aims at extending the life of Unit 1 of Nuclearelectrica’s Cernavoda nuclear plant, Ansaldo Energia announced.
Under the deal, Ansaldo Nucleare will also help Nuclearelectrica complete Units 3 and 4 of the plant.
Under the agreement, Ansaldo Nucleare will be responsible for the engineering and procurement of components for the life extension of Unit 1 in consortium with Canada’s Candu Energy and South Korea’s Korea Hydro and Nuclear Power Corporation (KHNP).
