Government seeks investors for Sizewell C nuclear plant

News Snapshot:

T he Government has asked big infrastructure companies with deep pockets to come forward to invest in the Sizewell C nuclear power plant in Suffolk. Ministers are seeking companies “with substantial experience” in delivering major infrastructure projects, preferably ones who have experience of big nuclear projects. The Government and French energy giant EDF are jointly investing in the Sizewell plant, which is expected to cost around £20 billion. But now they need more backers to raise the cash to build the site. There will be a very small number of companies worldwide who fit the criteria of having relevant experience...