China looking to buy stake in UK nuclear plants, say reports

China 0 Comment 2

Chinese state-run firm eyeing up multibillion-pound deal for majority share in eight sites

The Chinese government has emerged as a potential buyer of a multibillion-pound stake in Britain’s nuclear power plants.

The talks will reignite debate about China’s involvement in the UK nuclear power industry. Two years ago, the government paused approval for the £18bn Hinkley Point C project because of security concerns over China’s stake.

China eyes stake in UK nuclear stationshttps://t.co/jittXVialA

To my eye, not so much about the old fleet, which is largely due to retire in mid-2020s, as about further legitimising and laying ground for China new build nuclear aspirations in UK

Continue reading…
Source: china
Link : China looking to buy stake in UK nuclear plants, say reports

Author

Leave a comment

Search

Back to Top