Samruk-Kazyna, Kazakhstan’s national wealth fund, no longer owns Kazakhstan Nuclear Power Plants (KNPP) LLC, the company designated to become the operator and owner of all nuclear power plants (NPPs) in the country. This is indicated in the fund’s corporate documentation.
According to Kompra, ownership of KNPP was transferred to the State Property and Privatization Committee under the Ministry of Finance of the Republic of Kazakhstan on Dec. 30, 2025. As a result, Samruk-Kazyna is no longer the parent company of KNPP but instead holds the status of a sister company.
Initial reports that KNPP would be removed from Samruk-Kazyna’s...