The Slovak Republic has chosen Rothschild & Co to act as the financial advisor for its proposed new nuclear project following a competitive selection process. Under the contract, valued at €13.9m, the firm will provide professional support to the state, specifically in structuring the project’s finances and navigating European Union state aid processes. The agreement aims to establish a sustainable financing model for the 1.2GW unit planned near the existing Bohunice power plant.
State-owned company Javys noted that Rothschild & Co brings relevant experience from similar developments, including the UK’s Sizewell C and new nuclear projects in the Czech Republic. The partnership is expected to strengthen Slovakia’s position in negotiations with the European Commission and potential investors, ensuring clarity on long-term costs and risk sharing for the facility, which was officially approved by the government in May 2024.
For more information, please visit EICDataStream.