UK Approves Landmark £38 Billion Sizewell C Nuclear Plant

Sizewell C Nuclear Project Secures £38 Billion Backing

The UK government signed on Tuesday the final investment decision to build the $51-billion Sizewell C nuclear power plant, which will help Britain generate more low-carbon electricity.  The final investment decision was made possible after new investors joined the government and French energy giant EDF. The UK will have an initial 44.9% stake to become the single biggest equity shareholder in the project. The other shareholders include La Caisse…

U.K. government approves $70-billion Sizewell C nuclear plant after Caisse investment

The Canadian pension fund is the second largest shareholder at 20%, behind only the British government’s 44.9%

UK announces final go-ahead on £38 billion Sizewell C nuclear plant project

The UK has pivoted toward nuclear power since the start of the war in Ukraine, citing energy security and the need to modernize its fleet of ageing power stations, though nuclear projects have sparked controversy.

Sizewell C nuclear plant gets green light but cost doubles to £38billion - The Mirror

Labour has agreed a deal to build the UK's second new nuclear power in the hope of bringing down power bills - but questions remain over the final cost

UK gives the green light to huge new nuclear power plant

The Department for Energy Security & Net Zero said Energy Secretary Ed Miliband had signed the final investment decision for the development.

UK signs investment deals on US$51b Sizewell C nuclear plant

Landmark nuclear project, which aims too supply power to 6 million households for about 60 years, secures backing from private investors.