Tauron looking for another investor for Jaworzno plant

WSE-listed power group Tauron will seek another, third investor for its planned construction of 910 MW coal-powered block in Jaworzno. At the same time, the company continues talks with state-run investment fund PFR about its participation in the scheme financing. “We don't want to limit ourselves to one institution, we will have to look around in search of such investor,” company's CFO Marek Wadowski said. Wadowski however stressed, that finding the third investor is not crucial for the project to be completed. Tauron expects to retain control of the project, with no other investors obtaining stake over the 50 percent threshold. The block is scheduled to come online in 2019.