Skip to content
Advertisement

Business Fuel & Energy

PEJ gets support for first nuclear power plant from Canadian firm for PLN 6 bln

21:14

PEJ gets support for first nuclear power plant from Canadian firm for PLN 6 bln
Source: Pexels

Polskie Elektrownie Jądrowe (PEJ) has received a letter of intent from Export Development Canada (EDC) regarding potential support of nearly PLN 6 billion for Poland's first nuclear power plant project. EDC joins other international entities, including American organizations, in showing financial interest in the Lubiatowo-Kopalino plant.

PEJ Vice President Piotr Piela detailed that this is a step toward securing funding for the project, with debt financing expected to cover 70% of the estimated PLN 200 billion required. Construction in Choczewo is planned for 2028. PEJ recently signed letters of intent totaling approximately USD 18 billion with EXIM Bank and U.S. DFC, with ongoing discussions with additional entities to ensure funding and international component supply.

(pb.pl)

More from Fuel & Energy All