The UK government purchased an option to take a 20% stake in Electricite de France SA’s Sizewell C nuclear power plant, a move that potentially eases the way to removing China from the project. The UK bought the option in Sizewell C’s holding company, owned by EDF and China General Nuclear Power Corp., in January for £100 million ($121 million) and will convert it into an equity stake if the project reaches a final investment decision, according to a document … read more »
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