Bulgaria Is Offering Westinghouse New Terms For Kozlodui 7
Bulgaria’s Energy Minister Temenuzhka Petkova said Thursday that the state’s new central-right government had extended an offer to Toshiba Corporation’s Westinghouse Electric Company to purchase 49 percent of the seventh reactor for the Kozlodui nuclear power plant. The deals already signed call for Westinghouse to own 30 percent of the new AP-1000 reactor build, but to give up that share once construction is completed. At a conference in Sofia on Thursday, Petkova said the new offer is for Westinghouse to finance 49 percent of the construction costs and to maintain a 49 percent stake after the reactor goes on line. [read more]
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