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EU Bank Breaks 40-Year Nuclear Taboo With Finnish Investment
Source: Bloomberg
Renewable Energy TransitionGreen & Sustainable FinancePrivate Markets & VentureTechnology & Innovation
The European Investment Bank will invest €40 million ($46 million) in a Finnish small modular reactor start-up, marking its first nuclear-related investment in roughly four decades. The funding supports European development of clean-energy technology and signals renewed institutional backing for nuclear power, though the transaction is unlikely to have broad market-wide effects.
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