Thursday, December 30, 2010

UPDATE:Brazil BNDES Approves BRL6.1 Bln For Angra 3 Nuclear Plant

BNDES helps cover construction costs for new Brazilian nuclear plant
Brazil's BNDES granted $3.66 billion to fund the construction of the 1,400-megawatt Angra 3 nuclear plant in Angra dos Reis, Brazil. Eletronuclear is building the facility at an estimated cost of more than $5.7 billion. Brazil plans to build five power plants in the next 20 years to balance supply with increasing energy demand. The Wall Street Journal/Dow Jones Newswires (12/29)
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