Sizewell C Nuclear Project Secures £38 Billion Backing ...Middle East

OILPRICE - Economy
Sizewell C Nuclear Project Secures £38 Billion Backing
source : OILPRICE ( Middle East ) () 33
The UK government signed on Tuesday the final investment decision to build the $51-billion Sizewell C nuclear power plant, which will help Britain generate more low-carbon electricity.  The final investment decision was made possible after new investors joined the government and French energy giant EDF. The UK will have an initial 44.9% stake to become the single biggest equity shareholder in the project. The other shareholders include La Caisse with 20%, UK energy group Centrica with 15%, and Amber Infrastructure with an initial 7.6%. EDF…

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