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Slovakia Approves €189M Buyout of CEZ Stake in Nuclear Company
Source: Bloomberg
Renewable Energy TransitionInfrastructure & DefenseM&A & RestructuringFiscal Policy & Budget
Slovakia approved €189 million ($214 million) to acquire CEZ AS's 49% stake in Jadrová energetická spoločnosť Slovenska, the entity established to develop a new nuclear reactor. The transaction increases state control over a strategic nuclear-power project and advances the country’s energy-security and generation-capacity plans.
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