Construction on the UK’s 3.2 GW Sizewell C nuclear plant is expected to begin later this year after good progress had been made on the financing mechanism being used to attract private investment, a company executive said on Friday. “The RAB [regulated asset based financing tool] for Sizewell has been carefully designed to ensure that our interaction with the wholesale market is not distorted,” Joe Rippon, head of structural financing at Sizewell C, told the Westminster energy forum that was … read more »
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