On October 13, a working meeting was held in London between Hartmut Jacob, Acting Board member of JSC “NNEGC “Energoatom”, and Tim Reid, Chief Executive of UK Export Finance (UKEF).
The parties noted the positive dynamics of their relationship and discussed prospects for further cooperation between Energoatom and UKEF on financing the company's fuel program.
As a reminder, in 2024, Energoatom signed a loan agreement with Deutsche Bank AG and Barclays Bank PLC for €181 million to finance the supply of nuclear materials by URENCO. The implementation of this agreement was made possible due to guarantees from the UK Export Finance, the export credit agency, which provided support for Energoatom's obligations.
To date, the loan funds have been fully utilized, and the loan is being serviced according to the schedules provided for in the loan agreement.
Hartmut Jacob expressed his gratitude to the management of UKEF and the UK government for supporting Energoatom and Ukraine in the extremely difficult conditions and challenges facing Ukraine's energy sector during wartime.
