quinta-feira, 14 de abril de 2011

HSBC to advise Bulgaria on Belene nuclear plant

HSBC to advise Bulgaria on Belene nuclear plant

by Staff Writers
Sofia (AFP) April 13, 2011
British-based global banking giant HSBC is to advise Bulgaria on the economic feasibility of its planned Belene nuclear power plant project, Prime Minister Boyko Borisov said Wednesday.

"We signed a contract with HSBC today. We hope they will provide us with the most urgent answers (regarding the feasibility of the plant) by June 1," Borisov said.

Earlier this week, Energy Minister Traicho Traikov said HSBC would be paid a fixed fee of 2.0 million euros ($2.9 million) plus an additional 0.95-percent commission on any external funding it could drum up for the plant.

Bulgaria picked the bank last November to review the 2,000-megawatt project, which has suffered long delays, and advise whether it should go ahead or be shelved completely.

HSBC to advise Bulgaria on Belene nuclear plant

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