The loan will be split into two contracts of EUR400 million each, to be signed successively, the first estimated for this year and the second in early 2027. Shareholders are called to mandate the Chief Executive Officer and Chief Financial Officer to sign the contracts and determine the interest type—fixed or variable—for each drawdown. The final form of the contracts, which are still under negotiation with the EIB, will be approved by the board of directors
The agenda of the extraordinary general meeting also includes the agreement between Nuclearelectrica and the Romanian state, through the Ministry of Energy, which will regulate the rights and obligations of both parties as shareholders of Energonuclear, the project company for Units 3 and 4. In addition, the ordinary general meeting will vote on the rectification of the 2026 budget of revenue and expenditure.
The initial agenda, published on September 21 at the request of the Ministry of Energy, which holds an 82.5% stake, includes launching the selection process for five directors whose mandates expire in February 2027, as well as eliminating representation, transport, accommodation, and per diem allowances from their benefits. The supporting documents for the new agenda items will be published on October 15.
The report was released after the close of Tuesday’s trading session, during which Nuclearelectrica (SNN) shares appreciated by 4.4% to RON61.7, bringing the company’s market capitalization to RON17.8 billion (EUR3.4 billion).