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French bank pulls out of Bulgaria’s nuclear power plant

France’s BNP Paribas Quits Bulgaria Belene N-Plant Nuclear Reaction 4 Feb 2010 BNP Paribas SA, France’s largest bank by market value, who was hired by the previous Socialist government to help fund the construction of Belene nuclear power plant at the Danube river town, has ditched the project….

“Faced with a heated debate started by environmentalists, the French bank BNP Paribas has after all decided to withdraw from the construction of Bulgaria’s Belene nuclear power plant, the financing of which the French bank was coordinating,” French Enviro2B reports. The news comes two and a half months after German utility RWE abandoned plans to participate in the construction of a 2000MW nuclear plant in the Bulgarian Danube town of Belene due to funding problems.

Nuclear News: France’s BNP Paribas Quits Bulgaria Belene N-Plant – Nuclear Reaction – A Greenpeace blog about nuclear power

February 4, 2010 - Posted by | business and costs, France | , , ,

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