2024-01-22 18:22:13
The United Kingdom will invest an additional 1.3 billion pounds ($1.65 billion) in the Sizewell C nuclear power plant, the government said on Monday, making it the majority shareholder in the project.
The government said the funding, the largest to date, would enable initial construction work to continue ahead of a final investment decision expected later this year.
The plant, located in southeast England, is expected to produce around 3.2 gigawatts of electricity, enough to power some 6 million homes.
($1 = 0.7865 pounds) (Reporting by Muvija M. Editing by Andrew MacAskill)
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