U.S. International Development Finance Corporation

On July 23, 2020, the U.S. International Development Finance Corporation (DCF) announced its intention to open the door to funding opportunities for nuclear projects abroad.

In a summary of its decision following a voluntary 30-day comment period, DCF announced that it has enabled “its full suite of finance products to support all civil nuclear projects

The United States has been struggling to compete with its peers in securing nuclear power plant construction projects around the world.  One of the factors impacting U.S. competitiveness is that many foreign countries such as Russia and China can obtain government financing to support foreign projects—whereas U.S. vendors cannot.  Under a recent proposal, this imbalance