Poland’s state nuclear project company Polskie Elektrownie Jądrowe (PEJ) has chosen a consortium of BNP Paribas France and KPMG Advisory to support it in “the crucial task” of securing debt financing for the country’s first commercial reactors.

PEJ said in a statement on 16 December that the consortium will offer support for organising, structuring and securing financing for the planned nuclear power station in the northern province of Pomerania.

The main task will be to secure financing for the entire project, 70% of which, according to current estimates, will come from external sources.