US Firms Dismiss Call to Buy Into Polish Nuclear Plant Project

The US partners picked by Poland’s government to build the country’s first nuclear power plant pushed back against the suggestion that they should commit to an equity investment in the project.

Westinghouse Electric Co. and Bechtel Group Inc., which are set to build 3.75-gigawatt reactors in the country by next decade, seem skeptical of buying a stake in the joint venture as proposed by the incoming government’s energy adviser. Grzegorz Onichimowski said earlier this month that the US partners should take a capital stake to help reduce the risks of the investment seen costing at least $20 billion.

The ...