Business Secretary Grant Shapps refused to provide a figure for the cost of buying out China’s stake in proposed nuclear project Sizewell C. The cabinet member told a body of Westminster MPs yesterday he was “not trying to be evasive” but that the data remained “commercially sensitive” to EDF and the China General Nuclear Power Group (CGN). The Government has reportedly paid CGN £100m to exit the project, according to the Financial Times, however Shapps declined to confirm this to … read more »
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