EDF delays decision on UK Hinkley Point C nuclear power plant

• 8 years ago (2016-01-27)
• David Flin

Europe 1061 Nuclear 640

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EDF has postponed giving final approval to construction of the £18 billion nuclear power plant planned for Hinkley Point C. The Board of EDF is attempting to reassure unions and private investors about the deal.

Jean Bernard Levy, Chief Executive of EDF, told the Journal de Dimanche: “We will invest €16 billion, and will have two-thirds of the project alongside our Chinese partners. When it is well advanced, and before construction has ended, and when everyone sees from Flamanville that the European pressurised reactor is an exceptional reactor, then we will be able to bring in other investors as was foreseen a few years ago.”