Argentina's Nuclear Future: A Privatization Drive

Argentine President Javier Milei plans to partially privatize Nucleoelectrica Argentina, selling 44% of shares to encourage private investment in nuclear projects. This includes constructing a modular reactor and boosting uranium mining, with a possibility of further privatizing state-run firms.

Argentine President Javier Milei has announced a decree to partially privatize Nucleoelectrica Argentina, according to presidential spokesman Manuel Adorni. This move aims to involve private investors in the country's nuclear sector.

The government plans to sell 44% of the shares of Nucleoelectrica Argentina, which operates the Atucha I, Atucha II, and Embalse nuclear power plants. The sale will be conducted through an international public tender, Adorni confirmed.

The initiative seeks to catalyze private investment, particularly for the construction of Argentina's first modular reactor, and to enhance uranium mining activities. Milei's administration is also open to the potential privatization of other state-operated enterprises.