Fennovoima opts for Rosatom subsidiary for Hanhikivi reactor

Finnish consortium Fennovoima has signed a project development agreement with Rusatom Overseas, a subsidiary of Rosatom, for the Hanhikivi 1 nuclear power plant unit in Northern Finland.

Rusatom will supply a 1200 MW AES 2006 pressurised water reactor for the plant under the contract, which is expected to be signed by the end of 2013.

Nuclear

Fennovoima said the plant corresponds with IAEA and EUR requirements, and for licensing purposes it will be adapted to be in accordance with Finnish national safety standards.

Rusatom Overseas is also negotiating to acquire a 34 per cent stake in Fennovoima.

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