German utility RWE AG (RWE.XE) said Monday it remains committed to its stake in a nuclear plant in the Netherlands, despite plans by the German government to exit all nuclear power production by 2022.
German utility RWE AG (RWE.XE) said Monday it remains committed to its
stake in a nuclear plant in the
Netherlands
,
despite plans by the German government to exit all nuclear power production by
2022.
"We don't know details yet of the German government's plans and we haven't
seen any formal decision-making. But we don't see any consequences for our
position in the
Netherlands
,"
spokesman Peter Hoscheidt said.
RWE said earlier this month that it will take a 30% in Dutch nuclear plant
Borssele. Dutch public utility Delta will have the remaining 70%.
Borssele, which has a capacity of 512 megawatts, is located near the
North
Sea
in the southern part of the
Netherlands
and
could remain operational until 2033.
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