Turkish investors show interest in buying 49% shares in Akkuyu project — Rosatom

Detailed summary

The negotiations are underway, CEO Alexey Likhachev said

ANTALYA, November 13. /TASS/. Turkish investors have already expressed their interest in acquiring 49% in the Akkuyu nuclear power plant project, CEO of the Russian state corporation Rosatom Alexey Likhachev told reporters.

"We are working together with our Turkish partners on the economic profile as well, on the financial and economic model of the project. It implies, firstly, an opportunity for an investor to enter with up to 49% under our intergovernmental agreement. It can be a Turkish or a foreign investor, an investor from a third country, but on condition that the Turkish government will authorize such entry. We are working in this area," Likhachev said.

"Legal entities in Turkey that expressed such desire are present now," the chief executive said. "Negotiations are underway in a kind of a confidential format at present but I am confident that in line with evolution and operation phases of the first unit of the nuclear power plant, the decision will be made also on the change of the financial and economic model, primarily from the standpoint of the entry of the Turkish investor and completion of the joint project then," Likhachev added.

Opening of the article, excerpted from TASS. To read the rest, open the article on the publisher's site.