Slovakia Acquires Full Ownership of JESS for Nuclear Power Plant Project
- Reports
- 2
- Developments
- 2
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Slovakia is acquiring 100% ownership of the Slovak Nuclear Energy Company (JESS). The government agreed to purchase ČEZ’s 49% stake in JESS for €189.4 million. This acquisition is intended to accelerate the construction of a new nuclear power plant in Jaslovské Bohunice.
From enrsi.stvr.sk
Why it matters
The state acquisition grants Slovakia full access to JESS’s documents and permits, which is expected to significantly speed up the construction of the nuclear power plant. ČEZ CEO Daniel Beneš stated that the Jaslovské Bohunice site is currently the best-prepared location for a nuclear power plant in Europe.
From enrsi.stvr.sk
Who's involved
- SlovakiaThe country acquiring 100% ownership of JESS.
- Robert FicoThe Prime Minister who proposed the government acquisition of JESS.
- Czech RepublicThe country whose energy group, ČEZ, is divesting its stake in JESS.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Czech RepublicSpeculative
ČEZ might see changes in its investment strategy due to divesting a strategic energy asset.
- SlovakiaSpeculative
Slovakia could see increased state investment in energy infrastructure and power generation capacity.
- Jaslovské BohuniceSpeculative
Jaslovské Bohunice could see changes in local jobs or construction costs due to accelerated plant construction.
How it developed
Newest first. Tap a step to see who reported it.Contract signed with Westinghouse for preliminary project engineering services at Jaslovske Bohunice.1 source
Fico's proposal led to Slovakia acquiring 100% ownership of JESS for a new nuclear plant.1 source
Keep exploring
The entities involved
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Slovakia
country in Central Europe
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Robert Fico
Prime Minister of Slovakia since 2023