Russian National Welfare Fund to Finance Finnish Nuclear Power Plant

Posted on 01/21/2015


Russia’s National Welfare Fund (NWF) is being tapped to fund and finance strategic projects and companies. Russia’s Cabinet of Ministers approved the National Welfare Fund to allocate 150 billion ruble (US$ 2.3 billion) to fund the Hanhikivi 1 nuclear power plant project in Finland. The reactor is being built by the parent Russian company Rosatom […]