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Russia provides $9bn for Turkey’s Akkuyu nuclear power plant

Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.

Russia provides $9bn for Turkey’s Akkuyu nuclear power plant

CountriesChine, Corée du Sud, Russie, Arabie Saoudite, Turquie
CompaniesACWA Power, Rosatom
SectorÉnergie Nucléaire
ThemeInvestissements & Transactions

Turkish Minister of Energy and Natural Resources Alparslan Bayraktar stated that Russia has granted an additional $9bn in financing for the Akkuyu nuclear power plant, under construction in the Mediterranean province of Mersin. The announcement was made during a press briefing in Istanbul, according to a readout from the ministry. The site is being developed by Russian state-owned company Rosatom under a bilateral agreement signed in 2010, valued at $20bn.

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Énergie Nucléaire