UK strikes deal with private investors to build £38bn Sizewell C nuclear power plant
by Jillian Ambrose from World news | The Guardian on (#6YT2M)
Government's deal with EDF, Centrica and other backers marks end of 15-year journey to win funding for project
The UK government has struck a deal worth more than 38bn with private investors to back Britain's biggest nuclear project in a generation at the Sizewell C site on the Suffolk coast.
The long-awaited multibillion-pound deal, which will be paid for through taxes and energy bills, gives the final go-ahead for construction of the nuclear project which has almost doubled in cost from when it was first proposed.
Continue reading...