VILNIUS, July 25 (Reuters) - Energy companies in the three Baltic states and Poland agreed on Friday to set up a joint venture to develop a nuclear power plant in Lithuania, the Lithuanian partner said.
The four countries have been negotiatng on the project for months and hammered out a deal on Friday in Copenhagen.
"The partners have agreed to Lithuania's proposal to establish a joint project development company, in which LEO LT would hold a 51 percent stake," Lithuania's LEO LT said in a statement after a meeting.
Lithuania has said it wants to build a 3,200-3,400 megawatt nuclear power plant to replace its Soviet-era Ignalina nuclear facility, due to be shut down at the end of next year.