KIEV, Oct. 12 – Energoatom seeks to raise $250 million from Bank of America Merrill Lynch for building a centralized spent nuclear fuel storage facility before October 2017, Energoatom President Yuriy Nedashkovsky told reporters.

"The work has been started. At the end of the summer I signed the contract with Bank of America Merrill Lynch… We are waiting for receiving the funds, finishing this work within one year as planned," he said.

He said that Energoatom Vice President for Economy and Finances Aidyn Aisin is staying in the United States where he is organizing the preparations for a technical, economic and environment audit.