Bulgaria Partners with American Citibank to Finance Kozloduy Nuclear Expansion

Alexia Bădoiu

Bulgaria has reached a strategic financing agreement with the American Citibank for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant. The deal marks a major milestone in the country’s efforts to strengthen its energy system, with the project identified as one of the Bulgarian government’s top energy priorities. The agreement was finalized during a visit by Minister of Energy Zhecho Stankov and his delegation to New York, where they held concluding discussions with Citibank’

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