JPMorganChase has announced it will make direct investments of up to USD10 billion as part of a USD1.5 trillion initiative to address pressing needs in key sectors from critical minerals to frontier technologies, including nuclear energy.
Romania's nuclear energy giant Nuclearelectrica has signed a EUR540 million (USD634 million) financing contract with a banking syndicate led by JP Morgan for the refurbishment of Cernavoda Unit 1 and a EUR80 million loan for the next stage of the Cernavoda unit 3 and 4 project.