A United Arab Emirates sovereign wealth fund has been approached to take a stake in the Sizewell C nuclear power plant project in Suffolk, it has emerged. The UK government has lined up Mubadala, the Abu Dhabi fund run by Sheikh Mansour bin Zayed Al Nahyan, the owner of Manchester City, to back the energy project. Ministers are searching for new investors in the project, which could cost between £20bn and £44bn, after removing the Chinese state-owned CGN last year … read more »
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