The Slovak government is considering buying a 17% stake in Slovenské elektrárne, the country’s main electricity producer and operator of nuclear and hydro power plants, with the stake’s value estimated between hundreds of millions and up to €3 billion depending on market conditions and negotiations. Economy Minister Denisa Saková said the final price will depend on timing and valuation, noting: “it always depends on how the other side approaches it and how the individual valuations look at that given moment.” Interior Minister Matúš Šutaj Eštok and Prime Minister Robert Fico both supported the idea, arguing that state ownership in strategic energy assets is crucial for national security and energy independence.
Opposition MP Karol Galek warned that although the purchase option may only become available after the full commissioning of the Mochovce nuclear plant’s fourth unit, the current government should secure funding in advance. Slovenské elektrárne CEO Branislav Strýček said the unit is expected to reach full output by the end of the year, with full operation in 2027. The state would be able to exercise its option to acquire the stake once the unit is fully operational, while ownership is currently split between Slovak Power Holding (controlled by Czech energy group EPH) and the Slovak state.
Source: TASR
