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U.K. Government Approves $51 Billion Sizewell C Nuclear Power Plant

U.K. Government Approves $51 Billion Sizewell C Nuclear Power Plant

The U.K. government approved the 38 billion-pound ($51.27 billion) Sizewell C nuclear power plant in southeast England, becoming the project's biggest shareholder.
The government said Tuesday that it will take an initial 44.9% stake in the 3.2 gigawatt nuclear power station under construction in Suffolk. The other investors include the pension fund La Caisse with a 20% stake, U.K.'s Centrica CNA 3.77%increase; green up pointing triangle with 15%, French energy giant EDF with 12.5% and Amber Infrastructure with an initial 7.6% stake.
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