nuclear-news

UK government backs Sizewell C nuclear, but their target investors are backing away.

Sizewell C was dealt another blow this weekend when The People’s Pension,
which has six million members, said it has no plans to back the plant. I

In a letter seen by The Mail on Sunday, the group said: ‘Direct investment into
nuclear power infrastructure projects is not part of The People’s Pension
investment strategy and we will not be investing directly into Sizewell C.’

Alison Downes of the Stop Sizewell C campaign group said: ‘The Government
may be throwing money at Sizewell C, but their target investors are rapidly
backing away. The People’s Pension has seen the writing on the wall and
won’t let their savers anywhere near this expensive, risky project.’

 This is Money (at the end) 6th Aug 2023

https://www.thisismoney.co.uk/money/markets/article-12376007/Rolls-Royce-win-nuclear-power-race.html

August 11, 2023 - Posted by Christina Macpherson | business and costs, UK