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« Find Out What Doug Casey Is Buying Today | Main | "The Bankers Have Gone Through This Before. They Know How It Ends, And It’s Not Pretty" »
Tuesday
Oct202015

China to own a third of Hinkley Point nuclear power station

Deal between EDF and Chinese investors set to be announced on Wednesday

The first UK nuclear power plant in a generation will be 33.5pc owned by China, with EDF set to announce a landmark deal on Hinkley Point on Wednesday.

Bosses at the French energy giant, which is building the £24.5bn station in Somerset, sealed an agreement with executives from China’s state-owned CGN just hours before Chinese President Xi Jinping arrived in Britain for a four-day visit.

The Telegraph revealed last week that EDF and its Chinese partners were on the brink of signing a deal.

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