TVO has EUR 1,300.0 million syndicated revolving credit facility in total which consists of two Tranches. EUR 1,000.0 million matures in 2023 and EUR 300.0 million matures in 2021. In February 2019 TVO signed an extension agreement where the maturity of the EUR 300.0 million Tranche was extended to 2022.
On 25 February 2019 Radiation and Nuclear Safety Authority (STUK) gave its statement on operating licence application of Olkiluoto 3 EPR plant unit. STUK does not see any obstacles to grant the licence as applied until the end of 2038. STUK has reviewed according to the Nuclear Energy Act OL3 EPR plant unit's safety, and also operation of the TVO Group as entity, such as resources, know-how and nuclear waste management. The Finnish Government makes the decision on the operating licence.
