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Energoatom, OPIC sign $250-mln loan deal on spent nuclear fuel storage
Journal Staff Report

KYIV, Dec 21 – The state nuclear power generator Energoatom, U.S.-based Overseas Private Investment Corporation (OPIC) and U.S.-based Central Storage Safety Project Trust (CSSPT) signed an agreement on a $250 million loan for the construction of a centralized spent nuclear fuel storage facility.

OPIC will insure political risks (BOC coverage) on the funds to be borrowed by Energoatom, while the Ukrainian government guarantees the fulfillment of the Ukrainian enterprise's debt obligations on the 20-year amortization loan.




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