nuclear-news

Why would anybody invest in Sizewell C nuclear plant? – An unlikely proposition?

Why would anybody invest in Sizewell C nuclear plant? – An unlikely
proposition? The Government has tasked Barclays Bank with finding investors
for the proposed Sizewell C (SZC) plant.

Reports surfaced in the Mail on
Sunday that Centrica is planning on taking a stake in the company. Perhaps
the fact that the report emerged in the Mail on Sunday rather than the
Financial Times is a sign that the decision is still subject to vagaries.
This report has me scratching my head so hard it hurts!

Why would Centrica,
which in 2016 abandoned plans to invest in Hinkley C partly because of
‘the lengthening time frame for a return on the capital invested in a
project of this scale‘ now opt for an investment in SZC? After all the
doubt about return on investments in SZC may be viewed as, if anything,
even more threadbare, to that of Hinkley C.

 100% Renewables 7th July 2022

July 7, 2022 - Posted by Christina Macpherson | business and costs, UK