Economy
7:22 9 January 2025
Post by: WBJ

Poland allocates funds for nuclear plant

Poland allocates funds for nuclear plant
Source: Shutterstock

The Polish government has approved a plan to invest PLN 60.2 billion in the nation's first nuclear power plant between 2025 and 2030. This funding will support Polskie Elektrownie Jądrowe, the state-owned company overseeing the project. The investment strategy involves 30% equity financing from the State Treasury and 70% external financing, with external funds to be secured after the equity contribution is made. The State Treasury will act as both a direct investor and a guarantor for other creditors. This initiative marks a significant step in Poland's energy sector development.


Source: biznes.pap.pl


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