Axiom Holdings to finance $500 Million to Modernize Slovakian Power Plant

Axiom Holdings announced that it has signed a term sheet with a Slovakian technology partner to invest $500 million USD to transform the Vojany Power Station into a multi fuel transitional power plant with a blend of more environmentally friendly fuels including biomass of various categories, engineered fuels, clean coal and natural gas when needed along with unique battery storage.

Axiom Holdings CEO, Curt Riley said that they are excited about the Vojany project and their ability to leverage multiple technologies to provide clean energy to Slovakia.

The Vojany Power Station has the capacity to produce 1320MW. Completion of the transaction is subject to entering into definitive agreement with the Slovakian government and obtaining the financing required to meet the needs of the proposed project.

Image Source: seas.sk