Polskie Elektrownie Jądrowe

What Polskie Elektrownie Jądrowe does

Polskie Elektrownie Jądrowe (PEJ) is a state-owned special purpose vehicle (sp. z o.o.) wholly owned by the Polish State Treasury, established in 2012 (originally as PGE EJ 1) and renamed in June 2021 after 100% of shares were transferred from PGE, KGHM, Tauron, and Enea to the State Treasury. Its sole mission is to develop, finance, construct, and ultimately operate Poland's first nuclear power plant at the Lubiatowo-Kopalino site in Choczewo commune, Pomerania, targeting energy security, coal displacement, and decarbonization of the national grid. The company employs 251–500 staff across offices in Gdańsk (registered HQ), Warsaw, and a Local Information Center in Choczewo.

The core technical product is the nuclear power plant itself, deploying three Westinghouse AP1000 Generation III+ advanced pressurized water reactors with a combined capacity of approximately 3.75 GW (3 × ~1,250 MWe). The AP1000 design features passive safety systems, modular construction, and an operating track record built on over 50 reactor-years of experience from the CAP1000/Chinese fleet. The Westinghouse-Bechtel Consortium serves as the primary EPC delivery partner, with Arabelle Solutions selected to supply three half-speed Arabelle steam turbine and generator sets. Supporting infrastructure includes roads, rail, water/wastewater, and port works, alongside community programs such as the "Świadomie o Atomie" public education campaign (active since 2011), Local Information Centers, and the Social Initiatives Support Program (PLN 2.3M annual budget).

PEJ operates a non-commercial revenue model. Its funding is sourced from state budget equity (registered share capital PLN 7,530,972,009), €14.2 billion in EU-approved state aid (cleared December 2025), and US EXIM direct lending (first loan signed January 2026). The company's sole "customer" is the Polish State Treasury, and electricity generated by the future plant will be sold into Poland's national grid via the transmission system operator as baseload supply. The go-to-market is not commercial but rather a state program execution motion: regulatory approvals, government-to-government agreements (notably the US), EU state-aid clearance, and EPC program management. Operations are targeted for the second half of the 2030s (2036–2038).

Name

Polskie Elektrownie Jądrowe

Legal name

Polskie Elektrownie Jądrowe sp. z o.o.

Website

https://pej.pl

Company type

Private

Operating status

Operating

Headcount range

251–500 employees

Short description

Polskie Elektrownie Jądrowe is a Polish State Treasury–owned special purpose vehicle developing Poland's first nuclear power plant at Lubiatowo-Kopalino, deploying three Westinghouse AP1000 reactors (~3.75 GW) with Westinghouse-Bechtel as EPC partner, targeting operations between 2036 and 2038.

Ownership category

akta.pro rank

Product category

Nuclear Power Infrastructure Development

NAICS

Nuclear Electric Power Generation (221113)

akta.pro primary industry

Project & Program Management (PMO), Controls & Reporting (EUAKAAAC)

akta.pro secondary industry

Nuclear Plant Life Extension & Uprates (Long-Term Operations) (EUACADAI)

Keywords

• Nuclear power development
• Nuclear infrastructure projects
• Nuclear energy consulting
• Baseload electricity generation
• Power plant program management

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. State infrastructure development and program execution: PEJ is a wholly state-owned company responsible for delivering a national strategic infrastructure program. It does not operate a commercial revenue model. Its financing comes from state capital contributions, EU-approved state aid (€14.2 billion), and US EXIM direct lending. Revenue is realized through government budget allocations and development financing rather than product or service sales to external customers.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Polskie Elektrownie Jądrowe (PEJ) is a wholly state-owned special purpose vehicle responsible for developing, financing, and constructing Poland's first nuclear power plant at the Lubiatowo-Kopalino site in Choczewo commune, Pomerania. The core project deploys three Westinghouse AP1000 Generation III+ pressurized water reactors with a combined capacity of up to 3.75 GW, with operations expected between 2036 and 2038. The company also delivers supporting nuclear-related services including public education, community engagement, and supplier qualification programs.

Product overview

Polskie Elektrownie Jądrowe (PEJ) is a state-owned company responsible for developing and constructing Poland's first nuclear power plant. The company's primary offering is the nuclear power plant infrastructure project at Lubiatowo-Kopalino in Pomerania, which will feature three Westinghouse AP1000 reactors with capacity up to 3.75 GW. Supporting the core infrastructure project, PEJ operates educational and community services including the 'Świadomie o Atomie' educational campaign, Local Information Centers for public engagement, the Social Initiatives Support Program for community development, and ATOMowe Szanse events connecting Polish businesses with the nuclear supply chain. The company does not offer software products or digital services.

Differentiator

Problem solved

Functional benefit

Products and services

• Nuclear Power Plant at Lubiatowo-Kopalino Poland's first nuclear power plant being constructed in the Choczewo commune of Pomerania. The facility will deploy three Westinghouse AP1000 advanced modular reactors with a combined capacity of up to 3.75 GW. Delivered for the Polish State Treasury as a strategic national infrastructure asset.
• Local Information Center (Lokalne Centrum Informacyjne) Physical information centers operated by PEJ in the Pomerania region, providing residents and visitors with information about the nuclear power plant project, construction progress, and nuclear energy education. Targeted at local communities and stakeholders near the plant site.
• Świadomie o Atomie (Aware of Atom) Educational Campaign Nationwide public information and education campaign on nuclear power, providing knowledge about nuclear energy to Polish citizens through various communication channels. Targeted at the general Polish public.
• Social Initiatives Support Program (Program Wsparcia Inicjatyw Społecznych) Community support program financing local initiatives important to residents of the site communes. Annual budget of PLN 2.3 million supports projects in infrastructure, education, sports facilities, and community development in Choczewo and surrounding poviats.
• ATOMowe Szanse Events Series of conferences and workshops for entrepreneurs, IT professionals, academia, and companies interested in participating in the nuclear power plant project supply chain and associated infrastructure. Targeted at Polish businesses and academic institutions.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered minor and core.

• War Studies University (Akademia Sztuki Wojennej, ASzWoj)minorStrategic or Co-development Partner · 13 May 2026PEJ and the War Studies University signed a cooperation agreement focused on preparing highly qualified personnel and developing competencies necessary for the execution of the nuclear power plant program in Poland.
• Westinghouse Electric CompanycoreStrategic or Co-development Partner · 30 April 2026Westinghouse is the prime technology partner and reactor supplier for Poland's first nuclear power plant. The company is providing its AP1000 advanced pressurized water reactor technology and, together with Bechtel, serves as the main EPC consortium partner. Westinghouse has also secured US government financing support for the project.
• BechtelcoreStrategic or Co-development Partner · 30 April 2026Bechtel serves as the construction partner alongside Westinghouse in the Westinghouse-Bechtel Consortium. The consortium is responsible for engineering, procurement, and construction (EPC) of the nuclear power plant. Bechtel also sourced Arabelle Solutions as the steam turbine supplier.
• Regionalna Izba Przedsiębiorców NORDAminorStrategic or Co-development PartnerPEJ signed a cooperation agreement with NORDA and other regional business organizations (Pracodawcy Pomorza, Regionalna Izba Gospodarcza Pomorza, Forum Pracodawców Północy, and craft guilds) to maximize local content participation, develop regional supply chains, and prepare Pomeranian firms for procurement opportunities in the nuclear project.
• Polish Pomeranian Business Organizations (Pracodawcy Pomorza, Regionalna Izba Gospodarcza Pomorza, Forum Pracodawców Północy)minorStrategic or Co-development PartnerPEJ signed a porozumienie (cooperation agreement) with key business organizations in the Pomeranian voivodeship to increase participation of local firms in the construction of the nuclear plant and accompanying investments, maximize local content, and create long-term economic benefits for the region.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• MVM Paks II: Hungarian state-owned project company building the Paks II nuclear expansion with Russian VVER-1200 technology under a similar government-to-government financing and intergovernmental agreement framework. Highly comparable as a CEE state-owned nuclear SPV delivering first nuclear units with sovereign financing.
• TVO (Teollisuuden Voima): Finnish nuclear operator that delivered Olkiluoto 3 (EPR) as a consortium of energy-intensive industrial shareholders. Comparable as a non-vertically-integrated nuclear project company executing a first-of-a-kind Gen III+ reactor in Europe under heavy regulatory oversight.
• Slovenské elektrárne: Slovak nuclear operator and project company that completed Mochovce Units 3 and 4 as a state-backed nuclear build. Comparable as a regional state-influenced nuclear new-build entity in the CEE market with similar EU state-aid considerations.
• ČEZ Group: Czech state-controlled utility executing the Dukovany new-build nuclear program with a similar state-owned SPV structure, EU state aid pathway, and Generation III+ reactor selection. Closely comparable as a Central European state-led nuclear new-build program with similar regulatory and financing mechanics.

Broad incumbents

• CGN (China General Nuclear Power Group): Chinese state-owned nuclear developer-operator with both domestic AP1000 operating reference (CAP1000 lineage) and active export ambitions. Comparable as a state-controlled nuclear operator with significant Gen III+ new-build experience and government-backed financing capacity.
• EDF (Électricité de France): French state-controlled utility with the largest European nuclear fleet and active new-build portfolio (Flamanville EPR, Hinkley Point C via EDF Energy, Sizewell C, EPR2). Comparable as a state-backed nuclear operator/developer with parallel Gen III+ new-build experience in Europe.
• Rosatom: Russian state nuclear corporation offering integrated reactor + fuel + financing packages for overseas projects (e.g., Akkuyu in Turkey, El Dabaa in Egypt). Comparable as a state-owned nuclear vendor delivering government-to-government nuclear programs with sovereign financing.
• KHNP (Korea Hydro & Nuclear Power): South Korean state-owned nuclear operator with an active export program (APR1400) and operating reference in the UAE (Barakah). Comparable as a state-owned nuclear technology owner pursuing overseas new-build deployments under government-to-government agreements.
• Westinghouse Electric Company: AP1000 licensor and core technology partner to PEJ. Comparable as the incumbent Gen III+ PWR technology owner with active European engagement (e.g., selected for the Czech Dukovany expansion), making it both a partner and a competing program developer in adjacent CEE markets.

Regional players

• Eskom: South African state-owned utility historically involved in nuclear new-build planning (Thyspunt/Visa program with Russian and US vendors). Comparable as a state-owned emerging-market utility pursuing first-of-a-kind nuclear under sovereign financing and energy-security drivers, though in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PEJ_PL
• LinkedInlinkedin.com/company/polskieelektrowniejadrowe

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Polskie Elektrownie Jądrowe