Fortum unit NuCore Energi seeks Swedish state aid talks for new nuclear project in Oskarshamn
XLU•Fortum expects additional co-investors
Fortum expects additional co-investors over time; it plans to dilute to a minority stake in NuCore Energi.
NuCore Energi seeks state aid talks for Oskarshamn project
Fortum’s new nuclear project company NuCore Energi filed for Swedish state aid talks for a plant in Oskarshamn.
Discussions target a support package built around a state loan, a two-way CfD, and risk-sharing, pending EU clearance.
Project remains undecided as scope and financing are worked out
No investment decision yet; the project scope is 1,200-3,400 MW, subject to technology choice and financing terms.
Continuation depends on offtake commitments, sustained political backing, and securing control of the Ävrö site in Oskarshamn.
