The nuclear industry is at a turning point. In a post-Fukushima environment, with a changing industry structure, new technologies and new sources of competition, one of the key challenges for the future of the industry is its ability to develop and access new sources of finance. While the focus today is on export credit agency finance, new sources of finance and project models need consideration. In this context, how well positioned is the nuclear industry to attract such new sources of finance? Is the development of the industry stifled through misperceptions which inhibit is ability to articulate an attractive case for nuclear finance? At the 2014 World Nuclear Association Annual Symposium, George Borovas, the head of Shearman & Sterling’s Global Nuclear Group, took up these thematic questions in his address and asked “are industry participants and bankers talking different languages?” Let us translate.
View full memo, How to Attract New Sources of Nuclear Finance? Avoid Nuclear Industry Jargon and Learn to Speak the Banks’ Language