UK clears final investment for Sizewell C nuclear project
The UK government has approved the final investment decision for the Sizewell C nuclear power plant and will hold a 44.9 per cent equity stake, becoming its largest investor. The £38 billion project will power 6 million homes for at least 60 years. It is expected to create 10,000 jobs, 1,500 apprenticeships, and award 70 per cent of construction contracts to UK-based firms. Annual savings to the electricity system could reach £2 billion. Financing will…

