US$4 billion nuclear loan to Poland
A $4 billion deal was signed between the Polish energy company PKN ORLEN and two American financial institutions under the project for the establishment of modular nuclear reactors in the country.
The agreement between ORLEN’s subsidiary, Orlen Synthos Green Energy, and the US Eximbank and US International Development Finance Corporation was signed in Warsaw, the capital of Poland.
The Polish government, which wanted to turn to clean energy and reduce the use of coal in line with the objectives of the European Union (EU), decided to turn to nuclear power in this context.
Within the scope of the agreement, the US Eximbank will contribute $3 billion and the United States International Development Finance Corporation will contribute $1 billion.
PKN ORLEN CEO Daniel Obajtek noted that they expect Poland’s first “BWRX-300” modular jet to be operational by 2029. (BRITISH AUTOMOBILE CLUB)
Source: Sozcu
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