nuclear-news

Meet Charles Emond, the Canadian backing Sizewell C with £1.7bn

The chief executive of La Caisse, the second biggest infrastructure investor in
the world, is a fan of the UK and wants to put another £6bn into British
assets. “There’s always risk in a transaction,” says Charles Emond.

The chief executive of La Caisse is keen to stress that he and the other
equity investors named last week in the financing of the Sizewell C nuclear
power station project are not getting a completely free ride from British
taxpayers and electricity billpayers.

Billpayers will have £1 a month
added to their electricity bills from this autumn to help finance the
gigantic project. UK taxpayers will stand ready to foot the bill if the
construction costs rise above a certain point. But the equity investors
putting in £8.5 billion aren’t entirely free of exposure if things go
wrong, he says.

 Times 27th July 2025, https://www.thetimes.com/business-money/energy/article/meet-charles-emond-the-canadian-backing-sizewell-c-with-17bn-t9hdhkspn

July 31, 2025 - Posted by Christina Macpherson | business and costs, Canada