Paks II Nuclear Power Plant Ltd.
Paks II Nuclear Power Plant Ltd. is a Hungarian state-owned company established in 2014 to develop, construct, and eventually operate two new VVER-1200 nuclear power units at the Paks site in Hungary. The project aims to expand Hungary's nuclear energy capacity, ensuring long-term energy security and contributing to carbon emission reduction goals.
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Nuclear Power Plant DeveloperDeveloperOperatorGovernment
Strategic Overview
- The Paks II project is a strategic national investment aimed at securing Hungary's long-term energy supply and reducing reliance on fossil fuels.
- The project is being developed with Russian technology (VVER-1200 reactors) and financing, highlighting geopolitical energy ties.
- Paks II is crucial for Hungary's climate goals, providing stable, carbon-free baseload electricity.
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Subscribe from €20/mo →Key People
Dr. Gergely Jákli
Chairman and CEO
Dr. Sándor Mészáros
Deputy CEO for Legal and Administrative Affairs
Dr. István Lenkei
Deputy CEO for Technical Affairs
Dr. Zoltán Horváth
Deputy CEO for Economic Affairs
Track Record
2,400
MW Total
1
Deals Completed
10
Years Active
€B12.5M
Total Value
Notable projects: Paks II Nuclear Power Plant (2x VVER-1200 units)
Detailed Analysis
Technologies
Sectors
Geographies
Deal Stage
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