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Akkuyu Nuclear Power Plant Financing

Sector: Nuclear • Location: Turkey

Source: Commersant.ge

Project
Completed

Russia transferred over $5 billion through American banks to Turkey, officially intended for the construction of the Akkuyu Nuclear Power Plant. This project is supported by both Russian and Turkish leadership, but has raised suspicions of circumventing U.S. sanctions.

Status
Closed
Sector
Nuclear, Power Generation (CCGT), Government
Location
Turkey
Updated
22 Jul 2026
Source
Commersant.ge

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The project “Akkuyu Nuclear Power Plant Financing” is an infrastructure initiative in the Nuclear sector, located in Turkey. Taiyo aggregates data on it from Commersant.ge.

Participants

Sponsoring Agency

Status

Original status

Completed

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Russia transferred over $5 billion through American banks to Turkey, officially intended for the construction of the Akkuyu Nuclear Power Plant. This project is supported by both Russian and Turkish leadership, but has raised suspicions of circumventing U.S. sanctions.

Original sector

Energy

Budget

Location

Country

Turkey

Source

Source

Commersant.ge

URL

More Details

Record type

Project

Sector

Nuclear, Power Generation (CCGT), Government

Article published date

2025-02-14

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