Vattenfall CEO calls for direct state investment in Swedish nuclear projects

Vattenfall CEO Anna Borg said today that Sweden must take a direct stake in new nuclear projects. The utility plans modular reactors while its earnings soar.

Insights:
Anna Borg anna borg, the CEO of Vattenfall , said on February 5, 2026, that the Swedish SESE government will need to take a direct ownership stake in new nuclear projects. Anna Borg anna borg explained that the financial commitment required for these projects is so large that they will not be consolidated on the balance sheet of Vattenfall . This statement marks a significant shift in the planned financing and ownership structure for the Swedish nuclear power sector as Sweden SESE pursues a nationwide revival of its nuclear capabilities.
The comments from Anna Borg anna borg are specifically tied to the application by Vattenfall for funding to build small modular reactors at the Ringhals nuclear facility . Currently, Videberg Kraft , a subsidiary of Vattenfall , is involved in ongoing negotiations with the Swedish SESE government and various suppliers regarding the delivery of these projects. These discussions are aimed at determining how to finance the expansion of the Swedish nuclear power sector effectively while managing the substantial costs involved.
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