Poland New Build / US Partners Should Take At Least 30% Stake in Pomerania Project, Says Tusk Aide

Comments follow recent reports that coalition could review contracts

US Partners Should Take At Least 30% Stake in Pomerania Project, Says Tusk Aide
The financing for the Polish nuclear project to build three Westinghouse AP1000 plants has not been agreed.

US partners Westinghouse and Bechtel should take at least a 30% equity stake in the project to build new nuclear power plants in northern Poland, Grzegorz Onichimowski, the chief energy adviser to Poland’s Civic Platform party, said according to Bloomberg.

The party is led by Donald Tusk and is in an alliance of pro-European Union parties that won a majority in recent elections, with Tusk tipped as a possible prime minister.

Bloomberg said the current plan to build three Westinghouse AP1000 plants in Pomerania, signed by the outgoing cabinet, did not include any capital injections by the companies.

“Nuclear energy, which enjoys significant public support, is essential for the success of Poland’s energy transition,” Onichimowski told Bloomberg. “However, we are aware of the risks related to such a project, that’s why it would be desirable for our partner/supplier to take a capital stake.”

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