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Rymarz Zdort Maruta Advises PGE on Nuclear Power Plant Joint Venture with ZE PAK

Rymarz Zdort Maruta Advises PGE on Nuclear Power Plant Joint Venture with ZE PAK

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Rymarz Zdort Maruta has advised Polska Grupa Energetyczna on the formation of PGE PAK Energia Jadrowa – a joint venture of PGE and ZE PAK, each with a 50% shareholding – for the development of Poland’s second nuclear power plant to be constructed in Patnow. 

According to Rymarz Zdort Maruta, “the purpose of the new company is to prepare the Polish side for negotiations with the Korean company KHNP (Korea Hydro & Nuclear Power), which will build and provide the technology and know-how for Poland’s second nuclear power plant to be constructed in Patnow, in the Wielkopolskie region. A preliminary memorandum of understanding regarding the formation of the company was signed in early March 2023. In late March, PGE and ZE PAK obtained the consent of the President of the Office of Competition and Consumer Protection for the formation of the company.”

The Rymarz Zdort Maruta team included Partners Marek Durski, Marek Maciag, and Iwona Her, Counsel Lukasz Lech, Senior Associate Tomasz Kordala, and Associate Andrzej Granat.

Rymarz Zdort Maruta could not provide additional information on the matter.

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