EDF reportedly seeking up £4bn from investors to finish Hinkley Point C

Claudio Ctin7 hours ago4 hours ago1 mins

French energy firm reported to be in talks over potential investment to cover ballooning cost of nuclear project

The French energy company EDF is reportedly in talks with investors to raise up to £4bn to finish the delayed Hinkley Point C project in Somerset, Britain’s first new nuclear reactors in a generation.

The utilities company, owned by the French state, has approached investors to help cover the ballooning cost of constructing the nuclear plant, which is understood to have reached almost £50bn due in part to supply chain issues and struggles securing skilled engineers, according to Bloomberg.

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