UK Approves $51 Billion Nuclear Plant

The UK government gave the final go-ahead on Monday for the Sizewell C nuclear power plant to be built in eastern England after securing investment from Canadian pension fund La Caisse, Centrica, and Amber Infrastructure.

Sizewell C in Suffolk will be the UK’s second new nuclear plant in more than two decades, following the government’s 2013 deal with EDF to build Hinkley Point C in Somerset, which is now expected to come online in 2029 after years of delays and cost overruns.

https://www.zerohedge.com/markets/uk-approves-51-billion-nuclear-plant#google_vignette



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *