Brazilian state-owned nuclear energy company, Eletronuclear, has received a $2 billion loan from a group of five French banks, led by Societe General, The Wall Street Journal reports. The loan will be repayable over 30 years. The proceeds from the loan will be used by the company to import equipment for the construction of a nuclear power plant in the Rio de Janeiro state. Eletronuclear will also get a $ 531.3 million financing from its parent company, Eletrobras, while a $ 3.6 billion loan from Brazil’s state-owned BNDES bank, has been approved for the project.
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