May 26, 2023
The United States and Multinational Public-Private Partners Look to Provide Up To $275 Million to Advance the Romania Small Modular Reactor Project; United States Issues Letters of Interest for Up To $4 Billion in Project Financing
In a bid to further global decarbonization efforts, the United States, along with multinational public-private partners, intends to provide up to $275 million to advance the Small Modular Reactor (SMR) project in Romania. Additionally, the United States has issued letters of interest indicating potential project financing of up to $4 billion. This initiative is a testament to the growing international commitment towards clean energy transitions, highlighting the crucial role of nuclear energy in achieving sustainability goals.
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