Centrica Eyes Major Stake in UK Nuclear Power Project ...Middle East

Centrica, the owner of British Gas, is prepared to take a 15% stake in the UK’s Sizewell C nuclear power plant project, the final investment decision on which is expected shortly, the Financial Times reported on Friday, quoting sources with knowledge of the talks.   Sizewell C was initially proposed years ago by France’s EDF and China General Nuclear Power Group. However, the UK government bought out the Chinese group’s stake in 2022 amid concerns about China’s influence, and is now a shareholder with 84%, with…

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