The European Union’s green taxonomy and subsequent legislation paved the way for nuclear energy projects to obtain green financing. Following its first green loan for this purpose, French State Power Company EDF raised €1 billion through a green bond issue, the first of its kind in Europe.
In the meantime, EDF has signed several agreements with Canadian, Czech, French, Indian, Polish and Italian companies, which aim to develop local supply chains for its European Pressurised Reactor (EPR) technology and the Small Modular Reactor (SMR) projects of its subsidiary Nuward.