China General Nuclear has provided substantial investment for Britain’s nuclear power stations alongside France’s EDF. The two companies are funding Hinkley Point C in Somerset but the project has been beset by cost overruns and delays. EDF is expected to announce more delays to Hinkley C within weeks and will have to raise billions in extra finance for the project. The company has warned CGN is not likely to increase its funding for the plant. Ministers have drawn up a … read more »
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