China deal could create 25k jobs in nuclear power
22 October 2015
EDF Energy has reached an agreement with China General Nuclear Power Corporation (CGN) for a nuclear power plant at Hinkley Point, Somerset, which could create 25,000 jobs, the BBC reports.
Thu, 22 Oct 2015
EDF Energy has reached an agreement with China General Nuclear Power Corporation (CGN) for a nuclear power plant at Hinkley Point, Somerset, which could create 25,000 jobs, the BBC reports.
The news was confirmed in a press conference with Prime Minister David Cameron and Chinese President Xi Jinping yesterday.
State-owned CGN will reportedly pay £6bn for one third of the Hinkley plant, which is expected to begin generating power by 2025.
The agreement also set up a wider UK partnership to develop new nuclear power stations at Sizewell and Bradwell.
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