On 15 April TAURON Polska Energia concluded the agreement on the purchase of shares in PGE EJ1 – a company responsible for the construction and operation of the first nuclear power plant in Poland, with the capacity of approximately 3,000 MWe
Pursuant to the agreement, TAURON - like the other partners of the project, i.e. KGHM Polska Miedź and ENEA - purchased 10 per cent of shares in the PGE EJ 1 company from Polska Grupa Energetyczna.
In accordance with the Shareholders' Agreement of 3 September last year, the parties will jointly, proportionally to the shares held, finance the activities scheduled under the preliminary stage of the project, in order to define such elements as prospective partners, including the strategic partner, technology suppliers, EPC (Engineering, Procurement, Construction) contractors, nuclear fuel suppliers and acquiring funds for the project, as well as organisational and competence-related preparation of PGE EJ 1 to the role of the future operator of the nuclear power plant responsible for its safe and efficient operation (integrated procedure).
The Partners envisage that further decisions concerning the project, including the decision on declaring the continued participation of the parties in the next stage, will be taken after the completion of the preliminary stage, directly before the settlement of the integrated procedure.
