French energy firm reported to be in talks over potential investment to cover ballooning cost of nuclear projectThe French energy company EDF is reportedly in talks with investors to raise up to £4bn to finish the delayed Hinkley Point C project in Somerset, Britain’s first new nuclear reactors in a generation.The utilities company, owned by the French state, has approached investors to help cover the ballooning cost of constructing the nuclear plant, which is understood to have reached almost £50bn due in part to supply chain issues and struggles securing skilled engineers, according to Bloomberg. Continue reading…
Source link : https://www.theguardian.com/uk-news/2024/oct/10/edf-seeks-to-raise-up-to-4bn-to-finish-delayed-hinkley-point-c
Author : Jillian Ambrose
Publish date : 2024-10-10 15:38:28
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EDF reportedly seeking up to £4bn from investors to finish Hinkley Point C
