UK buys option to take 20% stake in Sizewell C nuclear power plant
by Alex Lawson Energy correspondent from Environment | The Guardian on (#60BKZ)
100m move could ease China's state nuclear company out of project
The government has bought an option to take a 20% stake in the Sizewell C nuclear power plant in a move that could ease China's state nuclear company out of the project.
Ministers took a 100m option to invest in Sizewell C's holding company in January and said on Tuesday it would convert that into equity if the project reaches a final investment decision.
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