UK Government Takes 50% Stake, Confirms Backing For Sizewell C Nuclear Project

The UK is to invest GBP679 million (USD815 million) and become a 50% partner with EDF in the Sizewell C nuclear project. The money "allows for China General Nuclear's exit from the project, including buy-out costs, any tax due and commercial arrangements".

The Department for Business, Energy and Industrial Strategy (BEIS) said...