PKN Orlen and Synthos Green Energy with a contract to develop nuclear technology in Poland

PKN Orlen and Synthos Green Energy, a company in strategic partnership with GE Hitachi, have signed an investment agreement. This will result in the creation of a special purpose entity for the development of nuclear technology in Poland and the construction of small nuclear and small reactors.

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Today we signed an investment agreement between Synthos Green Energy and PKN Orlen. Orlen Synthos Green Energy will be created, which will invest, develop and cooperate in the field of nuclear technologies, that is, small and small nuclear reactors – announced PKN President Orlen Daniel Obajtek at the press conference.

PKN Chairman Orlen emphasized that the concern is indeed a multi-energy concern, but that in order to further develop and at the same time develop the Polish economy, he must make “here and now” decisions covering a 20 or 30 year perspective.

– In the Ministry of State Assets, we encourage state treasury companies to invest boldly, and to pursue an ambitious policy that will translate into the competitiveness of the Polish economy – emphasized Deputy Minister Maciej Macieki.

He also added, the decision to create a special-purpose vehicle PKN Orlen and Synthos Green Energy for the development of nuclear technology in Poland and the construction of small and microwave nuclear reactors. “It is a milestone towards the development of small nuclear reactors in the Polish economy.”

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