Polish State Utility Says It Is Considering Full Ownership Of Nuclear Joint Venture

PGE PAK planning South Korean reactors at Patnow coal site

Polish State Utility Says It Is Considering Full Ownership Of Nuclear Joint Venture
The Patnow coal plant, where PGE PAK is planning to deployment up to two South Korean APR-1400 pressurised water reactor reactor units. Courtesy Kolanin_Wikimedia Licence: https://creativecommons.org/li...

Polish state-controlled utility PGE has signed an agreement with private energy firm ZE PAK to establish the terms for acquiring full ownership of a joint venture which is planning a new nuclear station at Patnow-Konin, central Poland.

Under the deal, PGE aims to buy the remaining 50% shares in PGE PAK Energia Jadrowa (PGE PAK), a joint venture established in 2023 to oversee the eventual deployment of up to two South Korean APR-1400 pressurised water reactor technology at the Patnow coal site.

PGE said it hopes full control will allow “deeper analyses of additional potential sites” in consultation with the Polish government.

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