Belgian government prepares forced expropriation plan for Engie's nuclear assets
Prime Minister Bart De Wever has drafted a contingency in which the state would seize Engie's nuclear plants and set its own compensation formula.
Facing a stalled negotiation over the future of Belgium's nuclear fleet, Bart De Wever outlined an alternative where the government would forcibly expropriate Engie's reactors. Under this plan, the state would unilaterally determine the compensation amount it deems fair. Engie could challenge the decision in court, but the government could proceed with extending nuclear operations while the legal dispute unfolds. The move also touches on the multi-billion-euro cost of dismantling the plants.
Why it matters
The plan could reshape Belgium's energy policy and impose a costly precedent for foreign investors.
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