Meyer, FP: Investing into Reactors 3 and 4 does’t make financial sense, we don’t see the project done with the Chinese

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Bogdan Tudorache

Investing into Reactors 3 and 4 of the nuclear power plant in Cernavoda does not make financial sense, and due to the sanctions imposed by the US to the Chinese companies, the project with the Chinese company CGN may not happen, says Johan Meyer, CEO Franklin Templeton Investments and Fund manager of Fondul Proprietatea.

“Any possibility of investing in the Reactor 3 and 4 does not make any financial sense whatsoever. Secondly, the fact that the Chinese partner is subject to US sanctions would make it incredibly politically sensitive for Nuclearelectrica to continue on this path, considering the alliances.

We don’t expect this to happen”, said Meyer, responding to energynomics.ro’s questions. “What is clear is that Reactor 1 needs refurbishment, this is in the plan of the company and in order to ensure the future stability and operational ability of the company this is something that will have to be done and budgeted accordingly”, added Meyer.

FP owns about 7% of Nuclearelectrica.

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2 Comments

  1. Poate intr-un viitor articol,ne spune-ti si noua oamenilor de rand care a fost sensul financiar cand sa infiintat Fondul Proprietatea.Sensul financiar al punerii in functiune a grupurilor 1-2 de la Cernavoda,se vede in zilele noastre.Din datele publice FP este actionar la SNN nu la ELCEN.

    • Nu doar ca s-a infiintat fp, dar nu gasesc nici sensul de a preda fondul americanilor. Aici e buba, defapt puroiul intereselor straine in Romania. Sri a tacut obedient, ca de obicei.

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