The UK government finalized a £38 billion deal with private investors to support the Sizewell C nuclear project, the largest of its kind in a generation. The agreement involves a consortium that includes the French energy group EDF and several other investors, with the government holding a 44.9% stake, while EDF's share decreases to 12.5%. This project aims to generate low-carbon electricity for 6 million homes, creating jobs and contributing to energy security in the UK. It represents a significant milestone in nuclear energy development since the initiative began in 2010.
The UK government has struck a deal worth over £38 billion with private investors for the Sizewell C nuclear project, marking a significant step in energy investment.
This investment will create thousands of jobs and enhance the economy while promoting low-carbon electricity generation for approximately 6 million UK homes.
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