UK buys option to take 20% stake in Sizewell C nuclear power plant

?100m move could ease China's state nuclear company out of projectThe government has bought an option to take a 20% stake in the Sizewell C nuclear power plant in a move that could ease China's state nuclear company out of the project.Ministers took a ?100m option to invest in Sizewell C's holding company in January and said on Tuesday it would convert that into equity if the project reaches a final investment decision. Continue reading...