Russian energy company Inter RAO has sold its 0.82% stake in the Akkuyu Nuclear JSC, the project company of Turkey's first nuclear power plant Akkuyu, for around 1 billion rubles in the fourth quarter of 2020, according to its financial results statement released on Thursday.
However, the new owner of the share was not disclosed.
Inter RAO is only one of six Russian companies along with Rusatom Energy International JSC, Atomstroyexport CJSC, Rosenergoatom JSC, AtomTechEnergo JSC and Atomenergoremont JSC that have shareholdings in Akkuyu Nuclear JSC.
According to Russian news agency Interfaks, in October 2020, Russian State Atomic Energy Corporation (Rosatom) held talks with Inter RAO for the share acquisition.
An intergovernmental agreement was signed between Turkey and Russia in May 2010 for the Akkuyu nuclear plant (NPP), the first NPP in Turkey, which plans to have four VVER-1200 power reactors with a total installed capacity of 4,800 megawatts.
The plant's groundbreaking ceremony was held on April 3, 2018, with the participation of Turkey's President Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin via video conference call from Ankara.
US$1 equals 73.8 rubles
By Firdevs Yuksel