Sizewell C nuclear power plant construction to cost £38bn as investors sign deal

Yorkshire Post

The construction of the Sizewell C nuclear power plant in Suffolk will cost around £38 billion, the Government has announced as it struck a deal with a group of investors.

Transcript

00:00Hello, I'm Greg Wright of the Yorkshire Post.

00:04The construction of the Sizewell Sea nuclear power plant in Suffolk will cost around £38

00:09billion, the government has announced, as it struck a deal with a group of investors.

00:15The Energy Secretary, Ed Miliband, has signed the final investment decision to give the development

00:19the green light. The Department for Energy Security Net Zero has said the government

00:24will become the biggest equity shareholder in the project with a 44.9% stake.

00:30My name is Greg Wright, I'm the Deputy Business Editor of the Yorkshire Post.

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