Sizewell C Nuclear Project Secures £38 Billion Backing
Tuesday, 22 July 2025 () 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 with 20%, UK energy group Centrica with 15%, and Amber Infrastructure with an initial 7.6%. EDF…
Chancellor Rachel Reeves has signed off on £14.2 billion of investment to build the new Sizewell C nuclear power plant in Suffolk, while Rolls-Royce has been named as the preferred bidder to build..
Rachel Reeves told the GMB Congress Labour is “investing in the biggest roll out of nuclear power in a generation,” announcing £14.2 billion for Sizewell C. She said energy security is “national..
Tuesday, 22 July 2025 ()
![Government commits to multi-billion spend on nuclear energy [Video]](https://video.newsserve.net/300/v/20250610/1413518460-Government-commits-to-multi-billion-spend-on-nuclear.jpg)
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