EU approves €42bn Polish state aid for first nuclear reactor
The European Commission has approved Poland’s financial support plan for its first nuclear power plant, a €42bn project backed by public funding, state guarantees, and a contract for difference mechanism.
| Sector | Énergie Nucléaire, Fission |
|---|---|
| Theme | Investissements & Transactions, Aides et subventions |
The European Commission has confirmed its approval of a large state aid package to support the construction of Poland’s first nuclear reactor. The project, based on Westinghouse’s AP1000 technology, is expected to cost a total of EUR42bn ($47bn), according to Polish authorities. The public support will include an equity injection of about EUR14bn, state guarantees covering 100% of the debt incurred, and a two-way contract for difference (CfD) providing revenue stability over a 40-year period.
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