Article 168JJ EDF's Hinkley Point nuclear nightmare adds to company's woes

EDF's Hinkley Point nuclear nightmare adds to company's woes

by
Terry Macalister Energy editor
from on (#168JJ)

Debts, boardroom disputes, delayed nuclear projects - the many troubles of the French-owned power company

Building an 18bn nuclear power station such as Hinkley Point C would be a huge financial commitment for any energy company - even one that is mainly state-owned.

EDF, the company at the heart of the Somerset project that is 85% owned by the French government, has brought in Chinese state-owned firms as partners and negotiated generous subsidies with the UK government.

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