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POWER: Centrica Considers £1bn Investment in 1.6GW UK Nuke

POWER
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Centrica is considering investing £1bn in the UK’s 1.6GW Hinkley Point C nuclear reactors, as French company EDF seeks additional funding for the project, it said, cited by the Telegraph.

  • However, talks for the investment are still in the early stages.
  • The project is anticipated to be operational in 2029-31 based on several scenarios outlined by EdF in January.  The unit was originally expected online in 2027. 
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Centrica is considering investing £1bn in the UK’s 1.6GW Hinkley Point C nuclear reactors, as French company EDF seeks additional funding for the project, it said, cited by the Telegraph.

  • However, talks for the investment are still in the early stages.
  • The project is anticipated to be operational in 2029-31 based on several scenarios outlined by EdF in January.  The unit was originally expected online in 2027.