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    French Support Strengthens Poland’s Nuclear Power Ambitions

    Polish Nuclear Power Plants (PEJ) has secured letters of intent from leading French financial institutions Bpifrance Assurance Export and Sfil, pledging funding for the Pomorskie nuclear power plant worth over PLN 15 billion (approximately USD 3.75 billion).

    “These letters of intent from two prominent French institutions are yet another testament to the growing interest in Poland’s nuclear investment. We are delighted to partner with such experienced and credible entities,” said Piotr Piela, Vice President of PEJ. He emphasized the company’s strategic approach to securing financing and expanding collaborations with key players in the nuclear sector.

    Bpifrance Assurance Export provides guarantees for export credits, while Sfil, a public development bank, refinances loans extended by commercial banks for French exports. Both institutions aim to bolster French trade by facilitating financial guarantees and loans.

    PEJ’s cooperation with international credit institutions forms a critical component of its strategy to finance its projects and build relationships with suppliers from countries with robust nuclear supply chains. The goal is to maximize the role of export credit agencies in the debt financing structure.

    To date, PEJ has received financial commitments totaling over PLN 95 billion through letters of intent, highlighting substantial international interest and support for Poland’s nuclear energy ambitions.

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