nuclear-news

UK Budget: Government confirms £160m deal to acquire Hitachi nuclear sites

 Chancellor announces deal to purchase Wylfa and Oldbury sites, as part of
Budget dominated by pre-election tax cuts. The government has today
announced plans to revive the UK’s nuclear development pipeline, confirming
it has reached a £160m deal with Hitachi to acquire two prospective
nuclear power plant sites that were mothballed by the Japanese conglomerate
in 2020. In a Budget address that was largely focused on plans for
pre-election tax cuts, Chancellor Jeremy Hunt confirmed an agreement had
been finalised to acquire both the Wylfa site in North Wales and the
Oldbury site in South Gloucestershire.

 Business Green 6th March 2024

https://www.businessgreen.com/news/4182488/budget-government-confirms-gbp160m-deal-acquire-hitachi-nuclear-sites

March 9, 2024 - Posted by Christina Macpherson | Uncategorized