Bulletin

EDF buys British to supply nuclear plant

EDF has identified a number of British firms as preferred bidders participating in the Hinkley Point nuclear power project, including Balfour Beatty, Doosan Babcock, Laing O'Rourke and Weir. EDF said 60% of the raw construction costs would be placed with British firms, although major nuclear components would be supplied by French firms. Speaking in Beijing yesterday, Energy Secretary Amber Rudd said that a final deal for Hinkley Point could be signed during a visit to Britain of President Xi in October. EDF is still awaiting a final decision from the Treasury on the project's financing, while discussions with the EC on the plant's end-of-life decommissioning have also not been settled.

 

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