EU Bank Breaks 40-Year Nuclear Taboo With Finnish Investment

The European Investment Bank committed 40 million euros to Core Power, a Finnish small modular reactor developer, according to announcements in January 2026. The investment marks the bank's first nuclear energy funding since the 1980s. The EIB cited energy security and decarbonization goals as reasons for the decision. Finland has positioned itself as a center for small modular reactor development in Europe.

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