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Consortium wants to take over Wylfa nuclear power project

New Civil Engineer 11th Nov 2020, A consortium led by Bechtel is reportedly in talks with the government
about acquiring the Wylfa Newydd site on Anglesey earmarked for nuclear
development. Plans for a £20bn nuclear plant were recently scrapped by
developer Horizon after 18 months of talks with government about a funding
mechanism eventually fizzled out. The site is however still safeguarded and
the project could theoretically be restarted by a third party. Led by the
Bechtel, the consortium includes Southern Company, an electricity utility,
and Westinghouse, a nuclear engineering company.

City AM 10th Nov 2020, A group of US companies has reportedly approached the government about
taking over the development of a nuclear power plant at Wylfa in north
Wales. Engineering giant Bechtel will lead the consortium, and will be
joined by utility firm Southern and nuclear engineers Westinghouse.

November 12, 2020 - Posted by | business and costs, politics, UK

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