The two companies will start talks to set up a joint-venture that will build the two nuclear reactors, Nuclearelectrica said in a statement to the Bucharest Stock Exchange.

The Chinese investor will hold at least 51% in the joint-venture, it said.

Romania’s nuclear power plant, located in Cernavoda in the country’s southeast, currently operates two 700-megawatt reactors, meeting around 20% of the country’s energy consumption.