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£4.5bn loan powers nuclear station plan
Bristol Post
|June 24, 2025
A private capital group Apollo Global is set to back Somerset’s Hinkley Point C nuclear power station with a £4.5bn loan.
The loan will be provided as unsecured debt to EDF, the French state-owned energy firm delivering the project, at an interest rate of just under 7%, according to sources who spoke to the FT.
While the funding could theoretically be used for other UK projects by EDE, it's expected that Hinkley Point C will be the main beneficiary.
The nuclear power plant in Somerset has been plagued by cost overruns and delays since it received government approval in 2016.
Esta historia es de la edición June 24, 2025 de Bristol Post.
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