Daily News for Energy & Environment

Romania: Nuclear power plant pays additional dividends

The shareholders of Nuclearelectrica, the state-owned company that operates Romania’s only nuclear power plant, agreed to distribute special dividends worth RON 110 million (EUR 24 million) following a request from the Government.

The special dividends will be paid at the beginning of November.

The company’s shareholders also agreed to kick off a project to rehabilitate the first unit within the Nuclearelectrica complex. The plant’s refurbishment is one of the most important projects carried out by a Romanian energy company. It will secure another 30 years of operation and production for the unit, which started to operate in 1996. The project is estimated at USD 1-1.5 billion and should be completed in 2023.

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